Holding in Company

St. Ives PLC
12 September 2000


                  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

     SEE LETTER BELOW

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     SEE LETTER BELOW

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

     12 SEPTEMBER 2000

12)  Total holding following this notification

     15,562,243               
              
13)  Total percentage holding of issued class following this notification

     14.94%

14)  Any additional information

     SHARE CAPITAL - 104,140,136

15)  Name of contact and telephone number for queries

     P C HARRIS, SECRETARY - 020 7928-8844

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

     Date of Notification ...12 SEPTEMBER 2000............



LETTER TO: ST IVES PLC  

10p ORDINARY SHARES ('SHARE')

We write to advise you that we, Schroder Investment Management Limited, have an
interest in 14,705,232 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)  8,389,711 shares registered or to be registered in the name of our
     wholly-owned subsidiary nominee company, Schroder Nominees Limited
     (Schroder Nominees),

(ii) 782,429 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) 5,533,092 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 on the schedule above.

An affiliated company, SIM North America Inc (SCMI Inc), is managing a portfolio
on a similar basis holding a further 725,000 shares.  This holding is registered
or to be registered in the name of Chase Nominees Limited.

Another affiliated company, Schroder Hermes, is managing 132,011 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 15,562,243 shares, representing some
14.945% of the total number of shares in issue, namely 104,129,168 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 and SUTL in relation to the interests it is treated  
   as having 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.


FROM:    PAUL MARTIN
         (COMPLIANCE MANAGER)
         SCHRODERS

                   
                    ST IVES PLC
                
                 10p ORDINARY SHARES

                    SCHEDULE

REGISTRATION                                                AMOUNT

BT Globenet Nominees Limited a/c 6B                         692,000
Chase Nominees Limited                                      400,000
MSS Nominees Limited a/c: 771401                             41,000
Nutraco Nominees Limited                                    121,640
RBSTB Nominees Ltd a/c: LAUR                                 35,000
HSBC Global Custody Nominees (UK) Limited a/c: 786653        94,475
MSS Nominees Limited a/c: 766653                            118,000
Network Nominees (Six) Ltd                                  498,900
Nortrust Nominees Ltd                                       575,589
MSS Nominees Limited: a/c 809803                             82,966
Mineworker Pension Scheme (Client) Nominees Limited R a/c   300,000
Nutraco Nominees Limited a/c: GWPPMPS                       553,800
Nutraco Nominees Limited a/c: GWPPCIF                       100,000
British Coal Staff Superannuation Scheme (Client) Nominees) 
Limited a/c: P                                              700,000
R.B.S.T.B Nominees Ltd                                       79,300
R.B.S.T.B Nominees Ltd a/c: ECC                             150,000
MSS Nominees Ltd a/c: 756593                                143,095
MSS Nominees Ltd a/c: 809797                                217,767
Lloyds TSB Security Services 'B' a/c                        249,000
Lloyds TSB Security Services 'A' a/c                         20,500
Morgan Nominees Ltd a/c: GRL                                138,000
Chase Manhattan Bank                                        222,060
                                                         ----------
                                                          5,533,092
                                                         ----------