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 INTERNATIONAL INVESTORS LLP the notification obligation: 4. Full name of shareholder (s) SILCHESTER INTERNATIONAL INVESTORS (if different from 3.): 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 19% 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 Number of Number of Number of voting % of voting ISIN CODE) of Voting shares rights rights shares Rights Direct Indirect Direct Indirect GB0007689002 0 0 20,605,534 20,605,534 N/A 19.89% 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 20,605,534 19.89% 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 INTERNA TIONAL INVESTORS LLP 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. SILCHESTER LLP ACTS AS INVESTMENT MANAGER FOR THE CLIENTS DETAILED IN QUESTION 4 ABOVE (THE "CLIENTS"). IN ACTING FOR THE CLIENTS, SILCHESTER LLP IS GIVEN FULL DISCRETION OVER THEIR INVESTMENTS AND IS EMPOWERED TO VOTE ON THEIR BEHALF. HOWEVER SILCHESTER LLP DOES NOT ACT AS THE CLIENTS' CUSTODIAN AND THEREFORE SHARES ARE NOT HELD IN SILCHESTER LLP'S NAME BUT IN THE NAME OF EACH CLIENT'S CUSTODIAN BANK. 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 **************************************** Enquiries: Philip Harris Company Secretary, St Ives plc (T) 020 7928 8844 x337 3 November 2010

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Sivota (SIV)
UK 100

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