4th May 2005 15:10
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 acquired330,0006. Percentage of issued class0.32%7. Number of shares/amount of stock disposedN/A8. Percentage of issued classN/A9. Class of securityORDINARY SHARES OF 10P EACH10. Date of transaction3RD MAY 200511. Date company informed4TH MAY 200512. Total holding following this notification16,848,37813. Total percentage holding of issued class following this notification16.28%14. Any additional informationST IVES PLC'S ISSUED SHARE CAPITAL AS AT 4TH MAY 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 4TH MAY 2005LETTER TO ST IVES PLC ON SILCHESTER INTERNATIONAL INVESTORS LIMITED HEADEDPAPERCompany SecretarySt Ives plcSt Ives HouseLavington StreetLondonSE1 0NXFax no.: 020 7902 65664th May 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: 16,848,378Our records show that you have the following shares in that class:ST IVES PLC: 103,476,071For your information, and in accordance with the attached SAR3 disclosure, weexercise control over 16.28% of the shares of that 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 103,476,071 Fax No: 0207 902 6566 SII Ownership: 16,848,378 Date: 4th May 2005 % of Shares 16.28 SII Account Nominee Silchester Silchester % Voting Current Holding Authority Share at Fund Holding Level Silchester International Investors Northern YES 4,416,650 4.27 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 745,270 0.72 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 11,053,980 10.68 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 632,478 0.61 c/o The Bank of Bermuda Limited Trust Co The Bank of Bermuda Building 6 Front Street, Hamilton HM11, Bermuda TOTAL 16,848,378 ENDST IVES PLCRelated Shares:
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