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                             X      
                                                                               
An acquisition or disposal of financial instruments which may result in    
the acquisition of shares already issued to which voting rights are            
attached                                                                N/A       
                                                                               
An event changing the breakdown of voting rights                        N/A    
                                                                               
Other (please specify):                                                 N/A    
                                                                               
3. Full name of person(s)       SILCHESTER INTERNATIONAL INVESTORS LIMITED     
subject to the notification                                                    
obligation:                                                                    
                                                                               
4. Full name of shareholder(s)  SILCHESTER INTERNATIONAL INVESTORS             
(if different from 3.):         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    NOT DISCLOSED                 
the threshold is crossed or reached if                                         
different):                                                                    
                                                                               
6. Date on which issuer notified:                12TH MARCH 2007                
                                                                               
7. Threshold(s) that is/are crossed or reached:  17%                           

8. Notified details:                                                              
                                                                                  
A: Voting rights attached to shares                                               
                                                                                  
Class/type of Situation previous to Resulting situation after the triggering      
shares        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     Direct     Indirect Direct Indirect
                                                                                  
GB0007689002  18,591,470 18,591,470 18,591,470 18,591,470 N/A      17.95% N/A     

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

Total (A + B)                                                                  
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
18,591,470                              17.95%                                 

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:              N/A                                 
                                                                               
11. Number of voting rights proxy holder   N/A                                 
will cease to hold:                                                            
                                                                               
12. Date on which proxy holder will cease  N/A                                 
to hold voting rights:                                                         

13. Additional information:         SILCHESTER INTERNATIONAL INVESTORS LTD     
                                    ("SILCHESTER") ACTS AS INVESTMENT MANAGER  
                                    FOR THE CLIENTS DETAILED IN QUESTION 4     
                                    ABOVE (OUR "CLIENTS"). IN ACTING FOR OUR   
                                    CLIENTS, SILCHESTER ARE GIVEN FULL         
                                    DISCRETION OVER THEIR INVESTMENTS AND ARE  
                                    EMPOWERED TO VOTE ON THEIR BEHALF. HOWEVER,
                                    WE DO NOT ACT AS OUR CLIENTS' CUSTODIAN AND
                                    THEREFORE SHARES ARE NOT HELD IN OUR NAME  
                                    BUT IN THE NAME OF EACH CLIENT'S CUSTODIAN 
                                    BANK.                                      
                                                                               
14. Contact name:                   TIMOTHY LINEHAN, COMPLIANCE OFFICER        
                                    SILCHESTER INTERNATIONAL INVESTORS LIMITED 
                                    TIME & LIFE BUILDING                       
                                    1 BRUTON STREET, 5TH FLOOR                  
                                    LONDON W1J 6TL                             
                                                                               
15. Contact telephone number:       020 7518 7125                              

                                                                               
                                                                               
                                 END OF REPORT                                 
                                                                               
                                                                               

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Enquiries:

Philip Harris
Company Secretary, St Ives plc

(T) 020 7928 8844 x337