Holding(s) in Company

Elementis PLC 6 June 2005 Notifications of acquisition and subsequent disposal of major interests in shares Elementis plc (the 'Company') announces that it has received two notifications under sections 198 - 208 of the Companies Act 1985 (the 'Act') from HIP-IV Incorporated ('HIP-IV') in its capacity as general partner of Hanover Investors Partners - IV, L.P. ('HIP IV LP') and managing member of Hanover Investors Partners - V, LLC ('HIP V'). The first notification was received on 3 June 2005 and informed the Company that HIP-IV, HIP IV LP and HIP V had become interested on 1 June 2005 in 45,342,241 ordinary shares (representing approximately 10.43% of the issued ordinary shares) in the Company, the interests being of the kind mentioned in section 208(4)(b) of the Act (entitlement of a person who is not the registered holder to exercise, or control the exercise of, a right conferred by the holding of shares). The notification stated that HIP-IV believed its aggregate interests in the ordinary shares in the Company at the time of the notification to have represented approximately 25.7% of the ordinary shares in the Company. According to the notification, the interests to which it related arose from the giving by Schroder Investment Management Limited in its capacity as a discretionary fund manager of undertakings in respect of shares registered in the names of the following holders: Name of registered holder Number of shares British Coal Superannuation Scheme A/C 8,724,778 BCSSX Chase Nominees Limited A/C SUTL 22,955,837 Mineworkers' Pension Scheme (Chase Gis) 10,000,000 Nominees Limited A/C MPSX Nortrust Nominees Limited 1,810,700 Schroder Nominees Limited 1,850,926 The second notification was received by the Company on 6 June 2005 and informed the Company that on 6 June 2005 HIP-IV, HIP IV LP and HIP V had ceased to be interested in the 45,342,241 ordinary shares in the Company referred to above. The notification stated that immediately after the obligation to make the second notification arose, HIP-IV was interested in 65,695,000 ordinary shares in the Company (approximately 15.11% of the ordinary shares in the Company), which included 65,323,071 shares registered in the name of P.H. Nominees Limited of which HIP V is the beneficial owner and in which HIP IV is interested in its capacity as managing member of HIP V and 371,929 shares registered in the name of P.H. Nominees Limited of which HIP IV LP is the beneficial owner and in which HIP IV is interested in its capacity as general partner of HIP IV LP. Further, both notifications stated that none of the interests of HIP-IV, HIP IV LF and HIP V in shares in the Company is such an interest as is mentioned in section 208(5) of the Act. Name of contact and telephone number for queries: 01784 227023 Name and signature of authorised company official responsible for making this notification: P. Watson - Company Secretarial Assistant Date of notification: 6 June 2005 This information is provided by RNS The company news service from the London Stock Exchange

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Elementis (ELM)
UK 100

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