Director/PDMR Shareholding

RNS Number : 1082I

Schroder Income Growth Fund PLC

08 June 2011

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1. Name of the issuer

Schroder Income Growth Fund plc

2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.4R (1)(a) a disclosure made in accordance with DTR 3.1.2R (Notification of transactions by persons discharging managerial responsibilities); or (ii) DTR 3.1.4R (1)(c) a disclosure made in accordance with section 793 of the Companies Act 2006 (Notice requiring information about interests in shares) to the extent that it relates to the interests of a director or, as far as the issuer is aware, any connected person; or (iii) both (i) and (ii)

(iii)

3. Name of person discharging managerial responsibilities/director

Keith Niven

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

Director and spouse - Mrs L A Niven

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Beneficial interest in respect of persons named in 3 and 4 above

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of 10 pence each

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

Chase Nominees Limited as a registered holder of shares in the Schroder ISA

8. State the nature of the transaction

Plan Charge Repurchase - General & non-discretionary ISA

9. Number of shares, debentures or financial instruments relating to shares acquired

N/A

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11. Number of shares, debentures or financial instruments relating to shares disposed

131 shares

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

0.00001%

13. Price per share or value of transaction

197.25p per share

14. Date and place of transaction

2 April 2011 - London

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

83,276 ordinary shares, being 0.121% of the issuer's issued share capital

16. Date issuer informed of transaction

2 April 2011

17. Any additional information

Director not yet informed

18. Name of contact and telephone number for queries

John Spedding - 020 7658 3206

Name and signature of duly authorised officer of issuer responsible for making notification

John Spedding

For and behalf of Schroder Investment Management Limited

Date of notification

8 June 2011