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
NOT KNOWN
11. Date company informed
28TH APRIL 2004
12. Total holding following this notification
12,660,253
13. Total percentage holding of issued class following this notification
12.25%
14. Any additional information
ST IVES PLC'S ISSUED SHARE CAPITAL AS AT 28TH APRIL 2004 IS 103,310,170
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
Date of notification 28TH APRIL 2004
LETTER TO ST IVES PLC ON SILCHESTER INTERNATIONAL INVESTORS LIMITED HEADED
PAPER
St Ives Plc
St Ives House
Lavington Street
London
SE1 0NX
27th April 2004
Dear Sir,
We act as an Investment Manager for a number of commingled funds. In acting for
our Clients, we are given full discretion over the 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 their
Custodian Bank.
Recent purchases/sales of shares in your company by ourselves, on behalf of our
clients, have resulted in our having control over the following shares (also
see attached):
SILCHESTER: 12,660,253 Ordinary Shares
Our records show that you have the following shares in that class
ST IVES PLC: 103,310,170 Ordinary Shares
As such, we exercise control over 12.25% of the shares of that class.
Yours faithfully,
Alison Ravenscroft
Dealing
Company: St Ives Address: St Ives House
Lavington Street
London
Share Class: ORD SE1 0NX
Issued Shares: 103,310,170 Attention: Philip Harris
% of
Class
SII Ownership: 12,660,253 12.25 Date: 28th April 2004
SII Account Nominee Share Voting Authority
Holding
GROUP Northern Trust 3.45 3,561,069 YES
Co
PATCH Northern Trust 0.53 543,465 YES
Co
SIEBT Northern Trust 7.84 8,104,458 YES
Co
TRUST Northern Trust 0.44 451,261 YES
Co
TOTAL 12,660,253
END
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