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 7TH MARCH 2005 12. Total holding following this notification 14,734,245 13. Total percentage holding of issued class following this notification 14.25% 14. Any additional information ST IVES PLC'S ISSUED SHARE CAPITAL AS AT 7TH MARCH 2005 IS 103,476,071 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 7TH MARCH 2005 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 7th March 2005 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 investment, 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: 14,734,245 Our records show that you have the following shares in that class ST IVES PLC: 103,375,834 For your information only, we exercise control over 14.25% of the shares of that class. Yours faithfully, Alison Ravenscroft Dealing Company: ST IVES PLC Attention: Company Secretary Share Class: Address: St Ives House ORDINARY Lavington Street London Issued Shares: SE1 0NX 103,375,834 SII Ownership: 14,734,245 Date: 7th March 2005 % of Shares 14.25 SII Account Nominee Silchester Silchester % Voting Current Holding Authority Share at Fund Holding Level Silchester International Investors Northern YES 3,814,540 3.69 International Value Equity Group Trust Co Trust c/o Silchester International Investors, Inc. 780 Third Avenue, 42nd Floor, New York, New York 10017 Silchester International Investors Northern YES 647,435 0.63 Tobacco Free International Value Trust Co Equity Trust c/o Silchester International Investors, Inc. 780 Third Avenue, 42nd Floor, New York, New York 10017 Silchester International Investors Northern YES 9,735,099 9.42 International Value Equity Trust Trust Co c/o Silchester International Investors, Inc. 780 Third Avenue, 42nd Floor, New York, New York 10017 The Calleva Trust Northern YES 537,171 0.52 c/o The Bank of Bermuda Limited Trust Co The Bank of Bermuda Building 6 Front Street, Hamilton HM11, Bermuda TOTAL 14,734,245

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Sivota (SIV)
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