Holding(s) in Company

St. Ives PLC
18 March 2003



To: RNS

Schedule 10 - Notification of a major interest in shares

Please find attached notification of a major interest in St Ives plc shares.

We have been advised by Silchester International Investors Limited that its
interest in St Ives plc is 11,601,145 shares. This represents 11.24% of the
ordinary issued share capital of St Ives plc of 103,193,248 as at 17th March
2003. 

From: Susan Morgan
      Company Secretary, St Ives plc



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


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 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)   (- %) of issued Class

7)   Number of shares/amount of stock disposed

-

8)   ( - %) of issued Class

9)   Class of security

ORDINARY SHARES OF 10 PENCE EACH

10)  Date of transaction

17TH MARCH 2003

11)  Date company informed


17TH MARCH 2003

12)  Total holding following this notification

11,601,145
               
13)  Total percentage holding of issued class following this notification

11.24%

14)  Any additional information

ST IVES PLC ISSUED SHARE CAPITAL AS AT 17TH MARCH 2003
103,193,248 SHARES

15)  Name of contact and telephone number for queries

PHILIP HARRIS
020 7928 8844 X 337

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

     Date of Notification ......18TH MARCH 2003


LETTER TO ST IVES PLC - DATED 17TH MARCH 2003

We act as an Investment Manager for a number of large institutional investors
and 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:                   11,601,145         Ordinary Shares

Our records show that you have the following shares in that class 

ST IVES PLC:                  103,193,248        Ordinary Shares 

As such, we exercise control over 11.24% of the shares of that class.


FROM: SILCHESTER INTERNATIONAL INVESTORS LIMITED

 

 
Company:          St Ives                     
                                                           
Share Class:      ORD                                      
                                                           
Issued Shares:    103,193,248                 
    
                               % of Class
SII Ownership:     11,601,145     11.24       Date:        17th March 2003

SII Account    Nominee                       Share Holding   Voting Authority  
 
GROUP          Northern Trust Co     3.27     3,374,645          YES
LICRF          Deutsche Bank         0.14       140,000          YES
PATCH          Northern Trust Co     0.37       383,000          YES
SIEBT          Northern Trust Co     6.81     7,027,500          YES
TEXAS          Northern Trust Co     0.35       362,000          YES
TRUST          Northern Trust Co     0.30       314,000          YES
TOTAL                                        11,601,145     



                      This information is provided by RNS
            The company news service from the London Stock Exchange