TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi1. Identity of the issuer or the underlying issuerof existing shares to which voting rights are Elementis plcattached:ii2. Reason for the notification (please tick the appropriate box or boxes):An acquisition or disposal of voting rights xAn acquisition or disposal of qualifying financial instruments which may resultin the acquisition of shares already issued to which voting rights are attachedAn acquisition or disposal of instruments with similar economic effect toqualifying financial instrumentsAn event changing the breakdown of voting rightsOther (please specify):3. Full name of person(s) subject to the Schroders plcnotification obligation:iii4. Full name of shareholder(s) (if different from 3.):iv5. Date of the transaction and date onwhich the threshold is crossed or 07.01.14reached: v Notification sent 08.01.146. Date on which issuer notified: and received on 21.02.147. Threshold(s) that is/are crossed or Below 5% reached: vi, vii8. Notified details:A: Voting rights attached to shares viii, ixClass/type Situation previous Resulting situation after the triggering transactionof to the triggeringshares transactionif possible Number Number Number Number of voting % of voting rightsusing of of of shares rights xthe ISIN Shares VotingCODE Rights Direct Direct xi Indirect xii Direct Indirect Ordinary 64,463,261 44,613,178 24,837,947 N/A 22,517,387 N/A 4.908%GB0002418548B: Qualifying Financial InstrumentsResulting situation after the triggering transactionType of Expiration Exercise/ Number of voting % of votingfinancial date xiii Conversion Period xiv rights that may be rightsinstrument acquired if the instrument is exercised/ converted.C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments xv, xviResulting situation after the triggering transactionType of Exercise price Expiration Exercise/ Number of voting rights % of votingfinancial date xvii Conversion instrument refers to rights xix, xxinstrument period xviii Nominal DeltaTotal (A+B+C)Number of voting rights Percentage of voting rights 22,517,387 4.908%9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxiAs at 7 January 2013Cazenove Capital Management Limited 200,000 0.044%Schroder Investment Management Limited 20,750,430 4.522%Schroder Investment Management North America Limited 1,566,957 0.342%Proxy Voting:10. Name of the proxy holder:11. Number of voting rights proxy holder will cease to hold:12. Date on which proxy holder will cease to hold voting rights: The shares referred to in section 9 are held in portfolios13. Additional information: managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 458,830,967. The position as at 20 February 2014, is shown below. Cazenove Capital Management Limited 200,000 0.044% Schroder Investment Management Limited 20,655,058 4.502% Schroder Investment Management 1,443,320 0.315% North America Limited14. Contact name: Scott Dickenson15. Contact telephone number: 020 7658 6000