+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
+------------------------------------------------------------------------------+
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying | Â |
|issuer | Elementis Plc|
|of existing shares to which voting rights are | |
|attached: ii | |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification(please tick the appropriate box or boxes): |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of voting rights | YES |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of qualifying financial instruments which | |
|may result in the acquisition of shares already issued to which | Â |
|voting rights are attached | |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of instruments with similar economic | Â |
|effect to qualifying financial instruments | |
+---------------------------------------------------------------------+--------+
|An event changing the breakdown of voting rights | Â |
+---------------------------------------------------------------------+--------+
|Other (please specify): Â | Â |
+--------------------------------------+------------------------------+--------+
|3. Full name of person(s) subject to | |
|the |JPMorgan Asset Management Holdings Inc.|
|notification obligation: iii | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) | JPMorgan Asset Management (UK) Limited|
|(if different from 3.):iv | Â |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or | 09 February 2010|
|reached: v | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 10 February 2010|
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| 5% downwards|
|reached:vi, vii | |
+--------------------------------------+---------------------------------------+
+------------------------------------------------------------------------------------+
|8. Notified details: |
+------------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix |
+------------+----------------------+------------------------------------------------+
|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 |rightsx |
|the ISIN | ares |V ting +-----------+--------+-----------+------+--------+
|CODE | |Rights |Direct |Directxi|Indirectxii|Direct|Indirect|
+------------+----------+-----------+-----------+--------+-----------+------+--------+
|GB0002418548|22,480,841|22,480,841 |Â | |20,565,772 | |4.59% |
| | | | |Â | |Â | |
|Â | | | | | | | |
+------------+----------+-----------+-----------+--------+-----------+------+--------+
B: Qualifying Financial Instruments
| |
|Resulting situation after the triggering transaction |
+--------------+----------+----------------------+---------------------+-------------+
|Type of |Expiration|Exercise/ |Number of voting |% of voting |
|financial |datexiii |Conversion Periodxiv |rights that may be |rights |
|instrument | | |acquired if the | |
| | | |instrument is | |
| | | |exercised/ converted.| |
+--------------+----------+----------------------+---------------------+-------------+
|Â |Â |Â |Â |Â |
+--------------+----------+----------------------+---------------------+-------------+
C: Financial Instruments with similar economic effect to Qualifying Financial
Instrumentsxv, xvi
| |
|Resulting situation after the triggering transaction |
+-------------+---------+----------+-----------+----------------------+--------------+
|Type of |Exercise |Expiration|Exercise/ |Number of voting |% of voting |
|financial |price |datexvii |Conversion |rights instrument |rightsxix, xx |
|instrument | | |periodxviii|refers to |Â |
| | | | |Â | |
+-------------+---------+----------+-----------+----------------------+-------+------+
| | | | | |Nominal|Delta |
|Â |Â |Â |Â |Â +-------+------+
| | | | | |Â |Â |
+-------------+---------+----------+-----------+----------------------+-------+------+
Total (A+B+C)
| | |
|Number of voting rights |Percentage of voting rights |
+------------------------------------+-----------------------------------------------+
|20,565,772 |4.59% |
+------------------------------------+-----------------------------------------------+
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:xxi
| |
|Total disclosable holding for JPMorgan Asset Management Holdings Inc |
|:20,565,772 (4.59%) |
|JPMorgan Asset Management (UK) Limited:20,565,772 (4.59%) |
|Â |
+------------------------------------------------------------------------------+
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: | |
+------------------------------------------------+-----------------------------+
+-----------------------------+------------------------------------------------+
| | N/A|
|13. Additional information: | |
+-----------------------------+------------------------------------------------+
|14. Contact name: | Tracey Young|
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:| 020 7777 0424|
+-----------------------------+------------------------------------------------+
--------------------------------------------------------------------------------
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
11 February 2010
[HUG#1383438]
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