Director/PDMR Shareholding

Schroders PLC
12 May 2006



                              Schroders plc


In compliance with Section 329 of the Companies Act 1985 and UKLA Listing Rule,
9.2.8 (1) Schroders plc was notified on 11 May 2006 that the following Directors
and PDMRs of Schroders plc acquired ordinary shares of £1 each in Schroders plc
as a result of a dividend re-investment purchase in respect of the Company's
Share Incentive Plan on 10 May 2006. Details are set out below:

Directors              No. ordinary            No. ordinary matching  Total Holding of          Total Interest in
                       partnership shares      shares purchased       ordinary shares in the    ordinary shares
                       purchased                                      Share Incentive Plan      following this
                                                                                                notification
Jonathan
Asquith                11                      4                      150                       150
Alan Brown             11                      4                      150                       150
PDMRs
Paul Barry             11                      4                      150                       150
Howard Trust           11                      4                      150                       150
Graham Staples         11                      4                      150                       210



The above shares were all purchased at £11.21 per share.



12 May 2006










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