RNS Number:5730T
Schroders PLC
22 December 2003



                                 SCHRODERS PLC





The Company has been informed today that on 17 December 2003 the Trustee of the
Schroders Employee Benefit Trust bought 150,000 non-voting ordinary shares in
the Company at a price of 566p per share.The potential beneficiaries of the
trust include the following directors -Jonathan Asquith, Michael Dobson,
Nicholas Ferguson, Richard Horlick, Andrew Sykes and Massimo Tosato- who are
deemed to hold a non beneficial interest in the shares held by the trust.



Ian Johnson

22 December 2003





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