Holding(s) in Company

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company ST IVES PLC 2. Name of shareholder having a major interest SILCHESTER INTERNATIONAL INVESTORS LIMITED 3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 PLEASE SEE ATTACHED NOTIFICATION 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them PLEASE SEE ATTACHED NOTIFICATION 5. Number of shares/amount of stock acquired N/A 6. Percentage of issued class N/A 7. Number of shares/amount of stock disposed N/A 8. Percentage of issued class N/A 9. Class of security ORDINARY SHARES OF 10P EACH 10. Date of transaction N/A 11. Date company informed 1 AUGUST 2006 12. Total holding following this notification 18,591,470 13. Total percentage holding of issued class following this notification 17.95% 14. Any additional information ST IVES PLC'S ISSUED SHARE CAPITAL AS AT 1 AUGUST 2006 IS 103,551,005 ORDINARY SHARES OF 10P EACH 15. Name of contact and telephone number for queries PHILIP HARRIS TELEPHONE: 020 7928 8844 16. Name and signature of authorised company official responsible for making this notification PHILIP HARRIS, COMPANY SECRETARY, ST IVES PLC 17. Date of notification 1 AUGUST 2006 LETTER TO ST IVES PLC ON SILCHESTER INTERNATIONAL INVESTORS LIMITED HEADED PAPER Company Secretary ST IVES PLC St Ives House Lavington Street London SE1 0NX Fax no.: 020 7902 6566 31st July 2006 Dear Company Secretary Silchester International Investors Limited ("Silchester") acts as an Investment Manager for a number of commingled funds ("our Clients"). In acting for our Clients, we are given full discretion over their investments, and are empowered to vote on their behalf. However, we do not act as their Custodian and therefore shares are not held in our name, but in the nominee name of our Clients' Custodian bank. Silchester previously disclosed its holding in your company jointly with shares controlled by Sanderson Asset Management Limited ("Sanderson") for the purposes of Section 198 of the Companies Act 1985. These disclosures were required because, prior to 28th July 2006, Silchester was deemed to have an `interest' in shares that Sanderson controls by virtue of Section 203(2)(b) of the Companies Act 1985 due to Silchester's control of more than one-third of the voting capital of Sanderson. On 28th July 2006, Sanderson amended its Articles to limit Silchester's voting rights in Sanderson to 19.9%. Due to this change in structure, Silchester is no longer required to jointly disclose shares in your company under Section 198 of the Companies Act 1985. Silchester, as at the close of business on 28th July 2006, has an interest in the following shares (also see attached): SILCHESTER 18,591,470 Our records show that you have the following shares in that class: ST IVES PLC 103,551,005 For your information, we exercise control over 17.95% of the shares of that class and, of that, two of our clients control 11.49% and 4.8%. Yours faithfully, ALISON RAVENSCROFT Head of Dealing SILCHESTER INTERNATIONAL INVESTORS LIMITED - CLIENT OWNERSHIP Company: ST IVES PLC Attention: Company Secretary Share Class: Address: St Ives House ORDINARY Lavington Street London Issued Shares: SE1 0NX 103,551,005 Fax No: 0207 902 6566 SII Client Ownership: 18,591,470 Date: 31 July 2006 % of Shares 17.95 SII Account Nominee Silchester Silchester % Voting Current Holding Authority Share at Fund Holding Level Silchester International Investors Northern YES 4,968,150 4.80 International Value Equity Group Trust Trust Company c/o Silchester International Investors, Inc. 780 Third Avenue, 42nd Floor, New York, New York 10017 Silchester International Investors Northern YES 819,429 0.79 Tobacco Free International Value Trust Equity Trust Company c/o Silchester International Investors, Inc. 780 Third Avenue, 42nd Floor, New York, New York 10017 Silchester International Investors Northern YES 11,895,291 11.49 International Value Equity Trust Trust c/o Silchester International Company Investors, Inc. 780 Third Avenue, 42nd Floor, New York, New York 10017 The Calleva Trust Northern YES 908,600 0.88 c/o The Bank of Bermuda Limited Trust The Bank of Bermuda Building Company 6 Front Street, Hamilton HM11, Bermuda TOTAL 18,591,470

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