+------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+------------------------------------------------+
+----------------------------------------------------------------+-------------+
|1. Identity of the issuer or the underlying issuer of existing |Elementis plc|
|shares to which voting rights are attached: | |
+----------------------------------------------------------------+-------------+
+------------------------------------------------------------------------------+
|2 Reason for the notification(please tick the appropriate box or boxes): |
+----------------------------------------------------------------------+-------+
|Â | |
|An acquisition or disposal of voting rights | X |
+----------------------------------------------------------------------+-------+
|Â | |
|An acquisition or disposal of qualifying financial instruments which | |
|may result in the acquisition of shares already issued to which voting| |
|rights are attached | Â |
+----------------------------------------------------------------------+-------+
|Â | |
|An acquisition or disposal of instruments with similar economic effect| |
|to qualifying financial instruments | Â |
+----------------------------------------------------------------------+-------+
|Â | |
|An event changing the breakdown of voting rights | Â |
+----------------------------------------------------------------------+-------+
|Â | |
|Other (please specify): Â | Â |
+----------------------------------------------------------------------+-------+
+-----------------------------------------+------------------------------------+
|3. Full name of person(s) subject to the |Lloyds Banking Group plc |
|notification obligation: | |
|Â | |
+-----------------------------------------+------------------------------------+
|4. Full name of shareholder(s) (if |See Section 9 |
|different from 3.): | |
|Â | |
+-----------------------------------------+------------------------------------+
|5. Date of the transaction and date on |01 April 2010 |
|which the threshold is crossed or | |
|reached: | |
|Â | |
+-----------------------------------------+------------------------------------+
|6.Date on which issuer notified: |06 April 2010 |
|Â | |
+-----------------------------------------+------------------------------------+
|7. Threshold(s) that is/are crossed or |Direct / Indirect holdings increased|
|reached: |to above 6% |
|Â | |
+-----------------------------------------+------------------------------------+
+---------------------------------------------------------------------------------+
|8. Notified details: |
+---------------------------------------------------------------------------------+
|A: Voting rights attached to shares |
|Â |
+------------+---------------------+----------------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering |
|of |to the triggering |transaction |
|shares |transaction | |
| +-----------+---------+---------+--------------------+---------------+
|if possible |Number |Number |Number |Number of voting |% of  voting |
|using |of |of |of shares|rights |rights |
|the ISIN |Shares |Voting +---------+---------+----------+------+--------+
|CODE | |Rights |Direct |Direct |Indirect |Direct|Indirect|
+------------+----------++---------+---------+---------+----------+------+--------+
|Â Â Â |Â |Â |Â |Â |Â |Â |Â |
|Ord.5p |Â |Â |Â |Â |Â |Â |Â |
|ISIN |26,215,243|26,215,243|1,367,026|1,367,026|26,385,678|0.305%|5.888% |
|GB0002418548| | | | | | | |
+------------+----------+----------+---------+---------+----------+------+--------+
+-------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+-------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
|Â |
+-----------------+----------+----------+---------------------+-----------+
|Type of financial|Expiration|Exercise/ |Number of voting |% of voting|
|instrument |date |Conversion|rights that may be |rights |
| | |Period |acquired if the | |
| | | |instrument is | |
| | | |exercised/ converted.| |
| | | |Â | |
+-----------------+----------+----------+---------------------+-----------+
|N/A |Â |Â |Â |Â |
+-----------------+----------+----------+---------------------+-----------+
+------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
|Â |
+---------------+--------+----------+----------+--------------+----------------+
|Type of |Exercise|Expiration|Exercise/ |Number of |% of voting |
|financial |price |date |Conversion|voting |rights |
|instrument | | |period |rights |Â |
| | | | |instrument | |
| | | | |refers to | |
+---------------+--------+----------+----------+--------------+-------+--------+
| | | | | |Nominal| Delta |
| | | | | | | Â |
| | | | | +-------+--------+
|Â |Â |Â |Â |Â |Â |Â |
+---------------+--------+----------+----------+--------------+-------+--------+
+-------------------------------------------------------+
| Total (A+B+C) |
| Â |
+-------------------------+-----------------------------+
| Number of voting rights | Percentage of voting rights |
+-------------------------+-----------------------------+
| 27,752,704 | 6.193% |
+-------------------------+-----------------------------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable: |
+------------------------------------------------------------------------------+
|27,287,038 shares (6.089%) 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). |
|Â |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------+
| Proxy Voting: |
| Â |
+------------------------------------------------------------------+-----+
| 10. Name of the proxy holder: | N/A |
| Â | |
+------------------------------------------------------------------+-----+
| 11. Number of voting rights proxy holder will cease to hold: | N/A |
| Â | |
+------------------------------------------------------------------+-----+
| 12. Date on which proxy holder will cease to hold voting rights: | N/A |
| Â | |
+------------------------------------------------------------------+-----+
+-----------------------------+------------------------------------------------+
|13. Additional information: |Notification using the total voting rights |
|Â |figure of 448,159,747 |
+-----------------------------+------------------------------------------------+
|14. Contact name: |Matthew Wilson |
|Â | |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|0113 235 7729 |
|Â | |
+-----------------------------+------------------------------------------------+
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
7 April 2010
[HUG#1401097]
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