RNS Number:9846R
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                 2.    Name of director                

        Schroder Income Growth Fund           K M Niven                       
        plc                                                                   

  3.    Please state whether            4.    Name of registered holder(s)    
        notification indicates that           and, if more than one holder,   
        it is in respect of holding           the number of shares held by    
        of the director named in 2            each of them (if notified)      
        above or holding of that                                              
        person's spouse or children                                           
        under the age of 18 or in                                             
        respect of a non-beneficial                                           
        interest     
                                                         
        Director                              Schroder Nominees Limited as a  
                                              registered holder of shares     
                                              in the Schroder PEP/ISA plan.   


  5.    Please state whether            6.    Please state the nature of the  
        notification relates to a             transaction. For PEP            
        person(s) connected with the          transactions please indicate    
        director named in 2 above and         whether general/single co PEP   
        identify the connected                and if discretionary/non        
        person(s)                             discretionary                   

        Director only                         Plan charge repurchase          
 

                                                                              
  7.   Number of     8.   Percentag  9.    Number of        10.   Percentage  
       shares/amoun       e of             warrants/amount        of issued   
       t of stock         issued           of stock               class       
       acquired           class            disposed                           

       -                  -                3                      0.00000039% 

 

 11.  Class of      12.  Price      13.   Date of          14.   Date        
       security           per              transaction            company     
                          share                                   informed    

       Warrants           52.5p            3 October 2003         10 November 
                                                                  2003        
 

                                                                              
  15.    Total holding following this    16.    Total percentage holding of   
         notification                           issued class following this   
                                                notification                  

         1,194 warrants                         0.016%                        

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)      20.    Description of shares or      
         for grant of the option                debentures involved: class,   
                                                number                        
                                                                              

  21.    Exercise price (if fixed at     22.    Total number of shares or     
         time of grant) or indication           debentures over which options 
         that price is to be fixed at           held following this           
         time of exercise                       notification                  
                                                                              

  23.    Any additional information      24.    Name of contact and telephone 
         Director not yet informed              number for queries.           
                                                John Spedding Tel: 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

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