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 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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Sivota (SIV)
UK 100

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