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
N/A
11. Date company informed
28TH APRIL 2005
12. Total holding following this notification
16,161,012
13. Total percentage holding of issued class following this notification
15.62%
14. Any additional information
ST IVES PLC'S ISSUED SHARE CAPITAL AS AT 28TH APRIL 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 28TH APRIL 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
Fax no.: 020 7902 6566
28th April 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: 16,161,012
Our records show that you have the following shares in that class:
ST IVES PLC: 103,476,071
For your information we exercise control over 15.62% of the shares of that
class and, of that, two of our clients controls 10.32% and 4.03%. This interest
is notified under Section 198 of the Companies Act 1985.
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
103,476,071 Fax No: 0207 902
6566
SII Ownership:
16,161,012 Date: 28th April 2005
% of Shares
15.62
SII Account Nominee Silchester Silchester %
Voting Current Holding
Authority Share at Fund
Holding Level
Silchester International Investors Northern YES 4,170,850 4.03
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 705,370 0.68
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 10,679,314 10.32
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 605,478 0.59
c/o The Bank of Bermuda Limited Trust Co
The Bank of Bermuda Building
6 Front Street, Hamilton HM11,
Bermuda
TOTAL 16,161,012