This is a free pattern from Loop Knitting in London.
It makes particular use of the wonderful, subtle colour variations ofOld Maiden Aunt3 yarn by using two colours of the yarn together in a simple weave style slip stitch.
A variety of needle sizes are used to give the main stitch its particular appearance.

Both written and charted instructions are included as well as a construction diagram.

Direct PDF download is here

Errata July 1, 2010
There was a mistake in the graph of the lace edge. On row 5, follow the written instructions rather than the graph. The chart was corrected on the website on July 1, 2010 and again on Feb. 22, 2011.

Spanish translation
Spanish translation can be found here