Restatement under IFRS

St. Ives PLC
31 January 2006

For release 07.00 a.m. 31 January 2006






                                                                 31 January 2006

                                  St Ives plc

                         Restated Financial Information

                for International Financial Reporting Standards


In June 2002 the Council of the European Union announced that listed companies
in Europe would be required to adopt International Financial Reporting Standards
(IFRS) for accounting periods beginning on or after 1 January 2005. The first
time St Ives plc will be required to prepare its consolidated financial
information under IFRS will be for the 26 weeks to 27 January 2006 and for the
52 weeks to 28 July 2006.


St Ives plc today releases its restated financial information following the
adoption of IFRS. This includes an opening balance sheet at 31 July 2004 and
financial information for the 26 weeks to 28 January 2005 and for the 52 weeks
to 29 July 2005, all of which have been restated under IFRS. The Group
previously reported under UK Generally Accepted Accounting Principles (UK GAAP).


The full document can be viewed via the following link 

http://www.rns-pdf.londonstockexchange.com/rns/6584x_-2006-1-30.pdf



This document can also be viewed on our website at www.st-ives.co.uk








For further information please contact:


St Ives plc                         020 7928 8844

Ray Morley (Finance Director)

Brian Edwards (Managing Director)

Miles Emley (Chairman)


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