RNS Number:1266U
Schroder Income Growth Fund PLC
12 January 2004



                                                                 12 January 2004

                      Purchase of Shares For Cancellation

Schroder Income Growth Fund plc announces that on 9 January 2004, the Company
purchased 500,000 shares for cancellation, at a price of 152.00 pence per share.
Following this purchase, there are a further 76,062,343 shares in issue.

Enquiries:

John Spedding

Schroder Investment Management Limited     Tel: 020 7658 3206

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