Holding(s) in Company

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|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                                |
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|1. Identity of the issuer or the underlying issuer|                                           |
|of existing shares to which voting rights are     |                              Elementis plc|
|attached:                                         |                                           |
|----------------------------------------------------------------------------------------------|
|2 Reason for the notification (please tick the appropriate box or boxes):                     |
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|An acquisition or disposal of voting rights                                           |   X   |
|--------------------------------------------------------------------------------------+-------|
|An acquisition or disposal of financial instruments which may result in the           |       |
|acquisition of shares already issues to which voting rights are attached              |       |
|--------------------------------------------------------------------------------------+-------|
|An event changing the breakdown of voting rights                                      |       |
|--------------------------------------------------------------------------------------+-------|
|Other (please       |                                                                 |       |
|specify):           |                                                                 |       |
|----------------------------------------------------------------------------------------------|
|3. Full name of person(s) subject to the     |                        Lloyds Banking Group plc|
|notification obligation:                     |                                                |
|---------------------------------------------+------------------------------------------------|
|4. Full name of shareholder(s) (if different |                                   See Section 9|
|from 3.):                                    |                                                |
|---------------------------------------------+------------------------------------------------|
|5. Date of the transaction and date on       |                                                |
|which the threshold is crossed or            |                                 3 February 2009|
|reached:                                     |                                                |
|---------------------------------------------+------------------------------------------------|
|6. Date on which issuer notified:            |                                 5 February 2009|
|---------------------------------------------+------------------------------------------------|
|7. Threshold(s) that is/are crossed or       |            Decrease to below 8% Direct/Indirect|
|reached:                                     |                                                |
|----------------------------------------------------------------------------------------------|
|8. Notified details:      |                                                                   |
|----------------------------------------------------------------------------------------------|
|                                                                                              |
|----------------------------------------------------------------------------------------------|
|                                                                                              |
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|A: Voting rights attached to shares                                                           |
|----------------------------------------------------------------------------------------------|
|Class/type of   |Situation previous      |Resulting situation after the triggering transaction|
|shares          |to the Triggering       |                                                    |
|if possible     |transaction             |                                                    |
|using           |------------------------+----------------------------------------------------|
|the ISIN CODE   |Number      |Number     |Number    |Number of voting     |% of  voting rights|
|                |of          |of         |of shares |rights               |                   |
|                |Shares      |Voting     |----------+---------------------+-------------------|
|                |            |Rights     |Direct    |Direct   |Indirect   |Direct  |Indirect  |
|----------------+------------+-----------+----------+---------+-----------+--------+----------|
|Ord 5p          |            |           |          |         |           |        |          |
|----------------|36,682,459  |36,682,459 |705,008   |705,008  |34,747,522 |0.16%   |7.75%     |
|GB0002418548    |            |           |          |         |           |        |          |
|----------------------------------------------------------------------------------------------|
|                                                                                              |
|----------------------------------------------------------------------------------------------|
|                                                                                              |
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|B: Financial Instruments                                                                      |
|----------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                          |
|----------------------------------------------------------------------------------------------|
|Type of financial      |Expiration  |Exercise/          |Number of voting      |% of voting   |
|instrument             |date        |Conversion Period/ |rights that may be    |rights        |
|                       |            |Date               |acquired if the       |              |
|                       |            |                   |instrument is         |              |
|                       |            |                   |exercised/ converted. |              |
|-----------------------+------------+-------------------+----------------------+--------------|
|N/A                    |            |                   |                      |              |
|----------------------------------------------------------------------------------------------|
|                                                                                              |
|----------------------------------------------------------------------------------------------|
|                                                                                              |
|----------------------------------------------------------------------------------------------|
|Total (A+B)                                                                                   |
|----------------------------------------------------------------------------------------------|
|Number of voting rights                         |% of voting rights                           |
|------------------------------------------------+---------------------------------------------|
|35,432,530                                      |7.91%                                        |
|----------------------------------------------------------------------------------------------|
|                                                                                              |
|----------------------------------------------------------------------------------------------|
|                                                                                              |
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|9. Chain of controlled undertakings through which the voting rights and/or the                |
|financial instruments are effectively held, if applicable:                                    |
|----------------------------------------------------------------------------------------------|
|28,237,738 Shares (6.30%) are held by State Street Nominees Ltd. Shares are under the   |     |
|control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of     |     |
|Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly   |     |
|owned subsidiary of Lloyds Banking Group plc (Indirect Interests).                      |     |
|6,659,553 shares (1.49%) are under the control of Insight Investment Management (Global)|     |
|Limited, a wholly owned subsidiary of Insight Investment Management Limited, a wholly   |     |
|owned subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary|     |
|of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests).|     |
|----------------------------------------------------------------------------------------------|
|                                                                                              |
|----------------------------------------------------------------------------------------------|
|Proxy Voting:                                                                                 |
|----------------------------------------------------------------------------------------------|
|10. Name of the proxy holder:                              |                               N/A|
|-----------------------------------------------------------+----------------------------------|
|11. Number of voting rights proxy holder will cease        |                               N/A|
|to hold:                                                   |                                  |
|-----------------------------------------------------------+----------------------------------|
|12. Date on which proxy holder will cease to hold          |                               N/A|
|voting rights:                                             |                                  |
|----------------------------------------------------------------------------------------------|
|                                                                                              |
|----------------------------------------------------------------------------------------------|
|                                                                                              |
|----------------------------------------------------------------------------------------------|
|13. Additional information:                     |   Notification using the total voting rights|
|                                                |                                    figure of|
|                                                |                                             |
|                                                |                                  447,960,784|
|------------------------------------------------+---------------------------------------------|
|14. Contact name:                               |                               Kenny Melville|
|------------------------------------------------+---------------------------------------------|
|15. Contact telephone number:                   |                                0131 243 8671|
+----------------------------------------------------------------------------------------------+


This notification is made in accordance with Rule 5.8.12 R(1) of the
Disclosure and Transparency Rules sourcebook.

Wai Wong
Company Secretary
020 7408 9303

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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.