Disposal

St Ives plc ("St Ives", "the Company" or "the Group") Completion of the Disposal of Magazine Business The Board of St Ives plc is pleased to announce that following receipt of shareholder approval at a General Meeting of the Company held earlier today, the disposal of the Group's Magazine business has successfully completed. For further information please contact: St Ives plc 020 7928 8844 Patrick Martell, Chief Executive Matt Armitage, Finance Director Smithfield 020 7360 4900 John Kiely Will Swan

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