Holding(s) in Company

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES                                 
                                                                               
1. Identity of the issuer or the underlying issuer of                          
existing shares to which voting rights are attached:     ST IVES PLC           
                                                                               
2. Reason for the notification (please tick the appropriate box or boxes)      
                                                                               
An acquisition or disposal of voting rights                           N/A      
                                                                               
An acquisition or disposal of qualifying financial instruments which  N/A      
may result in the acquisition of shares already issued to which                
voting rights are attached                                                     
                                                                               
An acquisition or disposal of instruments with similar economic       N/A      
effect to qualifying financial instruments                                     
                                                                               
An event changing the breakdown of voting rights                      N/A      
                                                                               
Other (please specify): PLEASE REFER TO QUESTION 13                   X        
                                                                               
3. Full name of person(s)                                                      
subject to                     SILCHESTER PARTNERS LIMITED (PREVIOUSLY KNOWN   
the notification obligation:   AS SILCHESTER INTERNATIONAL INVESTORS LIMITED)  
                                                                               
4. Full name of shareholder(s)                                                 
(if different from 3.):        SILCHESTER INTERNATIONAL INVESTORS              
                               INTERNATIONAL VALUE EQUITY TAXABLE TRUST        
                                                                               
                               SILCHESTER INTERNATIONAL INVESTORS              
                               INTERNATIONAL VALUE EQUITY TRUST                
                                                                               
                               SILCHESTER INTERNATIONAL INVESTORS              
                               INTERNATIONAL VALUE EQUITY GROUP TRUST          
                                                                               
                               SILCHESTER INTERNATIONAL INVESTORS TOBACCO      
                               FREE INTERNATIONAL VALUE EQUITY TRUST           
                                                                               
                               THE CALLEVA TRUST                               
                                                                               
5. Date of the transaction (and date on which  01-11-10                        
the threshold is crossed or reached if                                         
different):                                                                    
                                                                               
6. Date on which issuer notified:              03-11-10                        
                                                                               
7. Threshold(s) that is/are crossed or         FALLING FROM 19% TO BELOW 3%    
reached:                                                                       
                                                                               
8. Notified details:                                                           
                                                                               
A: Voting rights attached to shares                                            
                                                                               
Class/type   Situation previous   Resulting situation after the triggering      
of shares    to the triggering    transaction                                   
             transaction                                                       
(if possible                                                                   
using the    Number of  Number of  Number of Number of voting    % of voting     
ISIN CODE)   shares     Voting     shares    rights              rights          
                        Rights                                                  
                                             Direct   Indirect   Direct  Indirect
                                                                               
GB0007689002 19,720,649  19,720,649    0         0        N/A        0%      N/A     
                                                                         

B: Qualifying Financial Instruments                                            
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of financial Expiration  Exercise /   Number of voting rights % of voting 
instrument        date        Conversion   that may be acquired if rights      
                              Period /     the instrument is                   
                              Date         exercised/converted                 
                                                                               
N/A               N/A         N/A          N/A                     N/A         

C: Financial Instruments with similar economic effect to Qualifying Financial  
Instruments                                                                    
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of      Exercise  Expiration  Exercise /  Number of      % of voting      
financial    price     date        Conversion  voting rights  rights           
instrument                         period      instrument                      
                                               refers to                       
                                                              Nominal  Delta   
                                                                               
N/A          N/A       N/A         N/A         N/A            N/A      N/A     

Total (A + B + C)                                                              
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
                                                                               
0                                       0%                                     

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable:                     
                                                                               
                                                                               
N/A                                                                            

Proxy Voting:                                                                  
                                                                               
10. Name of the proxy holder:                           SILCHESTER PARTNERS    
                                                        LIMITED (PREVIOUSLY    
                                                        KNOWN AS SILCHESTER    
                                                        INTERNATIONAL INVESTORS
                                                        LIMITED)               
                                                                               
11. Number of voting rights proxy holder will cease to  N/A                    
hold:                                                                          
                                                                               
12. Date on which proxy holder will cease to hold       N/A                    
voting rights:                                                                 

13. Additional information:         ON 1ST NOVEMBER 2010, SILCHESTER            
                                    INTERNATIONAL INVESTORS LIMITED            
                                    ("SILCHESTER LIMITED") TRANSFERRED ITS     
                                    REGULATED BUSINESS TO SILCHESTER           
                                    INTERNATIONAL INVESTORS LLP ("SILCHESTER   
                                    LLP"). ON THE SAME DAY, SILCHESTER LIMITED 
                                    CHANGED ITS NAME TO SILCHESTER PARTNERS    
                                    LIMITED. ALL EMPLOYEES OF SILCHESTER       
                                    LIMITED, INCLUDING ALL PORTFOLIO MANAGERS, 
                                    INVESTMENT ANALYSTS AND MEMBERS OF ITS     
                                    ADMINISTRATION AND OPERATIONS TEAMS, BECAME
                                    PARTNERS OR EMPLOYEES OF SILCHESTER LLP. AS
                                    OF 1ST NOVEMBER 2010, SILCHESTER LIMITED    
                                    DOES NOT EXERCISE ANY CONTROL OVER THE     
                                    COMPANY'S SHARES. PLEASE REFER TO THE      
                                    REGULATORY DISCLOSURE SUBMITTED BY         
                                    SILCHESTER LLP FOR FURTHER INFORMATION.    
                                    THIS NOTIFICATION WAS THEREFORE TRIGGERED  
                                    BY THE CHANGE IN THE LEGAL STRUCTURE OF THE
                                    INVESTMENT MANAGEMENT FIRM ON 1ST NOVEMBER  
                                    2010 RATHER THAN TRADING ACTIVITY IN THE   
                                    UNDERLYING SHARES.                         
                                                                               
14. Contact name:                   TIMOTHY J. LINEHAN                         
                                    HEAD OF OPERATIONS                         
                                    SILCHESTER PARTNERS LIMITED                
                                    TIME & LIFE BUILDING                       
                                    1 BRUTON STREET, 5THFLOOR,                 
                                    LONDON W1J 6TL                             
                                                                               
15. Contact telephone number:       020 7518 7125                              



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Enquiries:

Philip Harris
Company Secretary, St Ives plc

(T) 020 7928 8844 x337

3 November 2010