+------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+------------------------------------------------+
+-------------------------------------------------------------------+
| 1. Identity of the issuer or the underlying | Elementis plc |
| issuer of existing shares to which voting rights | |
| are attached: | |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------+
| 2 Reason for the notification (please tick the appropriate box or |
| boxes): |
|-------------------------------------------------------------------|
| | |
| An acquisition or disposal of voting rights | X |
|---------------------------------------------------------------+---|
| | |
| An acquisition or disposal of qualifying financial | |
| instruments which may result in the acquisition of shares | |
| already issued to which voting rights are attached | |
|---------------------------------------------------------------+---|
| | |
| An acquisition or disposal of instruments with similar | |
| economic effect to qualifying financial instruments | |
|---------------------------------------------------------------+---|
| | |
| An event changing the breakdown of voting rights | |
|---------------------------------------------------------------+---|
| | | |
| Other (please | Disclosure of holdings follows the sale | |
| specify): | of Insight Investment Management Limited | X |
| | on 2 November 2009. This notification | |
| | supersedes any notifications previously | |
| | issued by Lloyds Banking Group plc. | |
| | | |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------+
| 3. Full name of person(s) subject | Lloyds Banking Group plc |
| to the notification obligation: | |
| | |
|-------------------------------------+-----------------------------|
| 4. Full name of shareholder(s) (if | See Section 9 |
| different from 3.): | |
| | |
|-------------------------------------+-----------------------------|
| 5. Date of the transaction and date | 02 November 2009 |
| on which the threshold is crossed | |
| or reached: | |
| | |
|-------------------------------------+-----------------------------|
| 6. Date on which issuer notified: | 04 November 2009 |
| | |
|-------------------------------------+-----------------------------|
| 7. Threshold(s) that is/are crossed | Direct/Indirect decrease to |
| or reached: | below 6% |
| | |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------------------+
|8. Notified details: |
|-------------------------------------------------------------------------------|
|A: Voting rights attached to shares |
| |
|-------------------------------------------------------------------------------|
|Class/type of |Situation |Resulting situation after the triggering |
|shares |previous |transaction |
|if possible using|to the triggering| |
|the ISIN CODE |transaction | |
| |-----------------+-------------------------------------------|
| |Number |Number |Number|Number of voting|% of voting rights|
| |of |of |of |rights | |
| |Shares |Voting |shares| | |
| | |Rights |------+----------------+-------------------|
| | | |Direct|Direct |Indirect|Direct |Indirect |
+-------------------------------------------------------------------------------+
+-------------------------------------------------------------------------------------------+
| | | | | | | | |
|Ord.5p |29,915,242 |29,915,242 |705,029 |705,029 |25,510,214 |0.157% |5.693% |
|ISIN | | | | | | | |
|GB0002418548 | | | | | | | |
+-------------------------------------------------------------------------------------------+
+-------------------------------------------------------------------+
| B: Qualifying Financial Instruments |
|-------------------------------------------------------------------|
| Resulting situation after the triggering transaction |
| |
|-------------------------------------------------------------------|
| Type of | Expiration | Exercise/ | Number of voting | % of |
| financial | date | Conversion | rights that may | voting |
| instrument | | Period | be | rights |
| | | | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
| | | | | |
|------------+------------+------------+-------------------+--------|
| N/A | | | | |
+-------------------------------------------------------------------+
+--------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments |
|--------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction |
| |
|--------------------------------------------------------------------------------|
|Type of |Exercise |Expiration |Exercise/ |Number of |% of voting |
|financial |price |date |Conversion |voting |rights |
|instrument | | |period |rights | |
| | | | |instrument | |
| | | | |refers to | |
|--------------+----------+------------+------------+------------+---------------|
| | | | | |Nominal |Delta |
| | | | | | | |
| | | | | |--------+------|
| | | | | | | |
+--------------------------------------------------------------------------------+
+-------------------------------------------------------+
| Total (A+B+C) |
| |
|-------------------------------------------------------|
| Number of voting rights | Percentage of voting rights |
|-------------------------+-----------------------------|
| 26,215,243 | 5.850% |
+-------------------------------------------------------+
+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting |
| rights and/or the |
| financial instruments are effectively held, if applicable: |
|-------------------------------------------------------------------|
| 25,680,314 shares (5.731%) 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). |
| |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------+
| Proxy Voting: |
| |
|-------------------------------------------------------------------|
| 10. Name of the proxy holder: | N/A |
| | |
|-------------------------------------------------------------+-----|
| 11. Number of voting rights proxy holder will cease to | N/A |
| hold: | |
| | |
|-------------------------------------------------------------+-----|
| 12. Date on which proxy holder will cease to hold voting | N/A |
| rights: | |
| | |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------+
| 13. Additional information: | Notification using the total voting |
| | rights figure of 448,122,866 |
|-----------------------------+-------------------------------------|
| 14. Contact name: | Matthew Wilson |
| | |
|-----------------------------+-------------------------------------|
| 15. Contact telephone | 0113 235 7729 |
| number: | |
| | |
+-------------------------------------------------------------------+
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
5 November 2009
---END OF MESSAGE---
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