Holding in Company

St. Ives PLC
9 February 2001



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

St Ives plc


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

Schroder Investment Management Ltd


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 below letter of 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 below letter of notification


5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class



7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class


9)   Class of security

ordinary shares of 10p each


10)  Date of transaction



11)  Date company informed

7.2.01


12)  Total holding following this notification

13,312,812
               
              
13)  Total percentage holding of issued class following this notification

12.77%


14)  Any additional information



15)  Name of contact and telephone number for queries

Amanda Price
020 7928 8844


16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ... 9 February 2001 ..


LETTER TO: ST IVES PLC

Letter dated 7 February 2001

ST IVES PLC
10p ORDINARY SHARES ('SHARES')

We write to advise you that we, Schroder Investment Management Limited, have an
interest in 13,125,801 shares which are held in portfolios managed by us on a
discretionary basis for clients under investment management agreements.

Included in this figure are:-

(i)   7,374,074 shares registered or to be registered in the name of our
      wholly-owned subsidiary nominee company, Schroder Nominees Limited
      (Schroder Nominees),

(ii)  807,429 shares held in (a) unit trust(s) operated and managed by another  
      wholly-owned subsidiary, Schroder Unit Trusts Limited (SUTL), and
      registered or to be registered in the name of Popeshead Nominees Limited
      (Popeshead), and

(iii) 4,944,298 shares held in portfolios where the shares are not registered or
      to be registered in the name of Schroder Nominees or Popeshead. The       
      registration details are shown in the schedule below.

Another affiliated company, Schroder Hermes, is managing 187,011 shares in (a)
portfolio(s) on a passive (index tracker) basis for clients under investment
management agreements.  These shares are registered or to be registered in the
name of Chase Nominees Limited.

We believe that we and our subsidiary and affiliated companies are therefore
interested in an overall aggregate of 13,312,812 shares, representing some
12.777% of the total number of shares in issue, namely 104,192,812 shares.

This notification is made to you:

(a) in respect of our interest as investment managers and also by virtue of the
    fact that we are the parent company of SIMNA Limited and SUTL.

(b) on behalf of SIMNA Inc, Schroder Hermes and SUTL in relation to the         
    interests they are treated as having respectively under the Companies Act   
    1985 (the Act), and

(c) on behalf of Schroders plc., our holding company, which is treated as
    having an interest in all of the above shares under the Act by virtue of
    its ownership of SIMNA Inc and ourselves.


LETTER FROM:    LISA PALMER
               (COMPLIANCE REPORTING ASSISTANT)
                SCHRODER INVESTMENT MANAGEMENT LIMITED



                              ST IVES PLC 

                         10p ORDINARY SHARES

                                SCHEDULE

REGISTRATION                                                AMOUNT

Chase Nominees Limited                                     400,000
Nortrust Nominees Limited                                  300,000
Nortrust Nominees Limited                                  143,095
Chase Nominees Limited                                     217,323
RBSTB Nominees Ltd                                          60,000
RBSTB Nominees Ltd a/c: ECC                                 68,000
Nutraco Nominees Ltd a/c: GWPPMPS                           71,000
Nortrust Nominees Limited                                  100,000
Lucas Pensions Trust Limited                                48,000
Deutsche Bank                                              700,000
Morgan Nominees Ltd.: B a/c                                249,000
MSMorgan Nominees Ltd: A a/c                                 8,200
Network Nominees (Six) Limited                             498,900
MSS Nominees Limited a/c: 823666                           121,640
Chase Manhattan Bank                                        44,433
Chase Manhattan Bank                                        67,227
Chase Manhattan Bank                                       130,000
MSS Nominees Limited a/c: 809797                            76,614
Royal Bank of Scotland                                       4,300
Chase Nominees Limited                                     201,500
Banque Nationale de Paris                                  650,000
Nutraco Nominees Ltd a/c: GWPPCIF                          553,800
MSS Nominees Limited a/c: 766653                           118,000
Nortrust Nominees Limited                                   98,266
Chase Nominees Limited                                      15,000

                                                          4944,298