Press Information

2 October 2006

Redemption of Redeemable B Shares by Elementis plc

The Company announces the mandatory redemption of all the outstanding Redeemable B shares of 1.0 pence each in the capital of the Company at par value on 2 November 2006.  The redemption applies to all Redeemable B Shares in issue.

In accordance with its Articles of Association, the Company has the option of redeeming all outstanding Redeemable B Shares on or after 27 April 2005.

The redemption will not affect B shareholders right (where applicable) to receive the final dividend on the Redeemable B Shares for the six month period ending on 2 November 2006.

The following table sets out the timing of the Redemption and the B Preferential Dividend.

01 November 2006	Record date for the Redemption of Redeemable B Shares
02 November 2006	Payment of B Preferential Dividend
02 November 2006	Redemption of Redeemable B Shares
02 November 2006	CREST accounts credited (as applicable) with the proceeds from the Redemption
by 10 November 2006	Cheques posted to holders of Redeemable B Shares held in certificated form

Jennifer Murphy
Company Secretary
02 October 2006

Enquiries

Elementis plc
Tel: +44 (0) 7408 9300