Interim Management Statement and Board Changes

30 November 2010

         St Ives plc - Interim Management Statement and Board Changes          

St Ives is today publishing its Interim Management Statement covering the
period from 31 July 2010 to date.

We are pleased to report that we have made a good start to the current
financial year and that we have made further progress in reversing the decline
in sales that we experienced in the previous financial year.

Sales for the 13 week period ending 29 October 2010 were broadly in line with
those for the corresponding period in the prior year and were achieved despite
tough market conditions, ongoing price pressure and the removal of uneconomic
capacity within our magazine and commercial web offset businesses. We have
grown underlying volumes and are confident that our investment in additional
sales and marketing resources will support our strategy to improve margins and
help reposition the business away from commoditised print.

The recently acquired Occam business has been successfully integrated; we are
encouraged by some early successes in both winning new business and cross
selling Occam's services into the Group's existing customer base. We continue
to invest in extending the range of services and solutions we provide and to
seek opportunities to add value and complementary services to our print
offering.

We have secured the sale of our head office building in London for cash
proceeds of £6.3 million and will move into more suitable leased premises
nearby by March 2011. The plans to relocate our main Exhibition and Events
business, from its current premises in Wandsworth to a new facility in
Chessington, are progressing well and are on schedule to complete by January
2011. We are investing in a new financial reporting system across the Group due
for implementation during 2011.

Media Products

Our book business remains robust and is benefitting from steady demand, its
market leading position and the investment that we have made in the latest
digital technology. Excess capacity within the magazine sector continues to
exert downward price pressure but we have benefited from some new business wins
and increases in pagination as advertising expenditure starts to increase,
albeit from a low base.

Commercial Products

The market for direct response and commercial remains very tough and, following
the closure of our Edenbridge facility, additional outwork costs have been
incurred during the installation of the transferred press into the Peterborough
plant, leading to further short term margin pressure.

Activity remains strong in the Point Of Sale market and the new management team
is winning new business, improving operational efficiencies and strengthening
the sales team.

The exhibition and events market continues to improve and volumes are
increasing. Margins are being impacted by the disruption associated with
relocating the main production facility and the inefficiencies inherent with
our current premises. The move, and investment in additional capacity and IT
infrastructure, will position the business well for what will be a significant
increase in activity leading up to and during the Olympics.

The Group's financial position remains strong and we continue to keep our cost
base under close review. The economic climate is challenging and whilst there
is some improvement in underlying volumes, margins remain under pressure. Our
strategic focus is to continue to move away from the commoditised end of the
print market and to grow a portfolio of added value products and services to
help our customers maximise returns from their investment in print. Whilst
visibility is poor, we are confident that the Group will make further progress
during the current financial year.

Board Changes

Miles Emley will be stepping down as chairman and leaving the board at the end
of the Company's financial year. The board intends to appoint Richard
Stillwell, who has been a non-executive director since 2006, as chairman in his
place. Tony Stuart, formerly a managing director of N M Rothschild & Sons
Limited, is to be appointed a non-executive director with effect from
31 January 2011.

For further information please contact:

St Ives plc               020 7928 8844
Miles Emley, Chairman
Patrick Martell, Chief Executive
Matt Armitage, Finance Director

Smithfield                020 7360 4900
Will Swann