RNS Number:9838R
Schroder Income Growth Fund PLC
12 November 2003

          NOTIFICATION OF INTEREST OF DIRECTORS AND CONNECTED PERSONS

All relevant boxes should be completed in block capital letters.


1. Name of company

Schroder income Growth Fund plc

2. Name of director

J M HIGNETT


3. Please state whether notification indicates that it is in respect of holding 
of the director named in 2 above or holding of that person's spouse or children
under the age of 18 or in respect of a non-beneficial interest

NOTIFICATION INCLUDES DIRECTORS' WIFE, MRS M HIGNETT

4. Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified)


SCHRODER NOMINEES LIMITED AS A REGISTERED HOLDER OF SHARES IN THE SCHRODER PEP/
ISA PLAN

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

NOTIFICATION INCLUDES DIRECTOR'S WIFE -

MRS M HIGNETT


6. Please state the nature of the transaction. For PEP transactions please 
indicate whether general/single co PEP and if discretionary/non discretionary


PLAN CHARGE REPURCHASE

7. Number of shares/amount of stock acquired

-

8. Percentage of issued class

-

9. Number of warrants/amount of stock disposed

12

10. Percentage of issued class


0.00000156%

11. Class of security

WARRANTS

12. Price per share

52.5p

13. Date of transaction

3 October 2003

14. Date company informed

10 November 2003

15. Total holding following this notification

4,776 warrants

16. Total percentage holding of issued class following this notification

0.063%

If a director has been granted options by the company please complete the
following boxes.


17. Date of grant



18. Period during which or date on which exercisable



19. Total amount paid (if any) for grant of the option



20. Description of shares or debentures involved: class, number



21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise



22. Total number of shares or debentures over which options held following this
notification


23. Any additional information

Director not yet informed

24. Name of contact and telephone number for queries.

John Spedding - 020 7658 3206

25. Name and signature of authorised company official responsible for making 
this notification

Date of notification 12 November 2003 John Spedding

For SCHRODER INVESTMENT MANAGEMENT LIMITED

(SECRETARIES)


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

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