Holding(s) in Company

7th Mar 2005 17:18

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of companyST IVES PLC2. Name of shareholder having a major interestSILCHESTER INTERNATIONAL INVESTORS LIMITED3. Please state whether notification indicates that it is in respect of holdingof the shareholder named in 2 above or in respect of a non-beneficial interestor in the case of an individual holder if it is a holding of that person'sspouse or children under the age of 18PLEASE SEE ATTACHED NOTIFICATION4. Name of the registered holder(s) and, if more than one holder, the number ofshares held by each of themPLEASE SEE ATTACHED NOTIFICATION5. Number of shares/amount of stock acquiredN/A6. Percentage of issued classN/A7. Number of shares/amount of stock disposedN/A8. Percentage of issued classN/A9. Class of securityORDINARY SHARES OF 10P EACH10. Date of transactionNOT KNOWN11. Date company informed7TH MARCH 200512. Total holding following this notification14,734,24513. Total percentage holding of issued class following this notification14.25%14. Any additional informationST IVES PLC'S ISSUED SHARE CAPITAL AS AT 7TH MARCH 2005 IS 103,476,071 ORDINARYSHARES OF 10P EACH15. Name of contact and telephone number for queriesPHILIP HARRIS TELEPHONE: 020 7928 884416. Name and signature of authorised company official responsible for makingthis notificationPHILIP HARRIS, COMPANY SECRETARY, ST IVES PLCDate of notification 7TH MARCH 2005LETTER TO ST IVES PLC ON SILCHESTER INTERNATIONAL INVESTORS LIMITED HEADEDPAPERCompany SecretarySt Ives PlcSt Ives HouseLavington StreetLondonSE1 0NX 7th March 2005Dear Sir,We act as an Investment Manager for a number of commingled funds. In acting forour Clients, we are given full discretion over the investment, and areempowered 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 theirCustodian Bank.Recent purchases/sales of shares in your company by ourselves, on behalf of ourclients, have resulted in our having control over the following shares (alsosee attached):SILCHESTER: 14,734,245Our records show that you have the following shares in that classST IVES PLC: 103,375,834For your information only, we exercise control over 14.25% of the shares ofthat class. 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 103,375,834 SII Ownership: 14,734,245 Date: 7th March 2005 % of Shares 14.25 SII Account Nominee Silchester Silchester % Voting Current Holding Authority Share at Fund Holding Level Silchester International Investors Northern YES 3,814,540 3.69 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 647,435 0.63 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 9,735,099 9.42 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 537,171 0.52 c/o The Bank of Bermuda Limited Trust Co The Bank of Bermuda Building 6 Front Street, Hamilton HM11, Bermuda TOTAL 14,734,245 END

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