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Holding(s) in Company

5th Feb 2008 15:43

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ST IVES PLC 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights X

An acquisition or disposal of financial instruments which may result in N/A the acquisition of shares already issued to which voting rights are

attached An event changing the breakdown of voting rights N/A

Other (please specify): N/A 3. Full name of person(s) subject to SANDERSON ASSET MANAGEMENT LTD the notification obligation:

4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction (and date on which 14-12-08 the threshold is crossed or reached if different): 6. Date on which issuer notified: 05-02-08 7. Threshold(s) that is/are crossed or reached: 4% 8. Notified details: Not Applicable A: Voting rights attached to shares

Class/type of Situation previous Resulting situation after the triggering shares to the Triggering transaction

transaction (if possible

using the ISIN Number of Number Number of Number of voting % of voting CODE) shares of shares rights

rights Voting Rights Direct Direct Indirect Direct Indirect GB0007689002 4,213,343 4,058,243 4,058,243 0 3.92% 0% B: Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Exercise/Conversion Number of voting % of voting financial date Period/Date rights that may be rights instrument acquired if the instrument is exercised/ converted N/A N/A N/A N/A N/A Total (A + B) Number of voting rights % of voting rights 4,058,243 3.92%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

N/A Proxy Voting: 10. Name of the proxy holder: Sanderson Asset Management Ltd

11. Number of voting rights proxy holder will cease to N/A hold: 12. Date on which proxy holder will cease to hold N/A

voting rights: 13. Additional information: N/A 14. Contact name: JALPA TAANK SANDERSON ASSET MANAGEMENT LIMITED HEATHCOAT HOUSE 20 SAVILE ROW, 6THFLOOR LONDON W1S 3PR

15. Contact telephone number: 0207 468 5977

****************************************

Enquiries:

Philip HarrisCompany Secretary, St Ives plc

(T) 020 7928 8844 x337

5 February 2008

ST IVES PLC

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