Holding in Company

St. Ives PLC
29 November 2001

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     ST IVES PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

      SCHRODER INVESTMENT
      MANAGEMENT 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 REFER TO LETTER BELOW

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

      PLEASE REFER TO 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 TEN PENCE EACH

10)  Date of transaction

        -

11)  Date company informed

       28 NOVEMBER 2001

12)  Total holding following this notification

       10,423,086
               
13)  Total percentage holding of issued class following this notification

      10.156%

14)  Any additional information

       ST IVES PLC ISSUED SHARE CAPITAL AS
       AT 28 NOVEMBER 2001
       102,631,089

15)  Name of contact and telephone number for queries

      PHILIP HARRIS
      020 7928 844 EX 337

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

     Date of Notification ....29 NOVEMBER 2001......


ST IVES PLC
10P ORDINARY SHARES ('SHARES')

We write to advise you that we, Schroder Investment Management Limited, have an 
interest in 10,423,086 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)   4,850,024 shares registered or to be registered in the name of our wholly-
      owned subsidiary nominee company, Schroder Nominees Limited (Schroder     
      Nominees),

(ii)  517,363 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) 5,055,699 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 enclosed schedule.

We believe that we are therefore interested in an overall aggregate of 
10,423,086 shares, representing some 10.158% of the total number of shares in 
issue, namely 102,612,617 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 they are     
     treated as having respectively 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.




                                ST IVES PLC
                            10p ORDINARY SHARES
                                  SCHEDULE

REGISTRATION                                                 AMOUNT

Bank of New York                                             185,000
British Coal Staff Superannuation a/c: P                     700,000
BT Globenet Nominees Ltd. A/c: 6B                            635,200
Chase Manhattan Bank                                         240,427
Chase Nominees Limited                                       280,000
HSBC Global Custody Nominee (UK) Ltd                         276,470
HSBC Global Custody Nominee (UK) Ltd a/c: 771401              31,484
Mellon Trust                                                 150,000
Mineworkers' Pension Scheme a/c: R                           300,000
Morgan Nominees Limited a/c: CCC                             140,500
Morgan Nominees Ltd                                           75,600
Morgan Nominees Ltd: A a/c                                     8,200
Morgan Nominees Ltd: B a/c                                   249,000
MSS Nominees Limited a/c: 756593                              99,795
Network Nominees (Six) Limited                               256,900
Nortrust Nominees Limited                                    533,023
Nutraco Nominees Ltd a/c: GWPPCIF                            273,800
Nutraco Nominees Ltd a/c: GWPPMPS                            100,000
RBSTB Nominees Ltd. A/c: LAUR                                 20,300
State Street Nominees Limited a/c: 5H57                      500,000

                                                           5,055,699