Director/PDMR Shareholding

Schroders PLC
13 March 2008

Annex DTR3


Notification of Transactions of Directors/Persons Discharging Managerial
Responsibility and Connected Persons



All relevant boxes should be completed in block capital letters.


1.  Schroders plc                                     2.  DTR 3.1.2R


3.  Philip Mallinckrodt                               4.  The notification relates to the children of
                                                          Philip Mallinckrodt

5.  The notification is in respect of 3 above.        6.  Ordinary shares

                                                          Non-voting ordinary shares


7.  n/a                                               8.  The grant to the children of Philip Mallinckrodt
                                                          of a joint life interest in the shares under a
                                                          settlement of which Vincitas Limited acts as
                                                          trustee
9.  476,411 ordinary shares                           10. 0.21% of issued class

    116,504 non-voting ordinary shares                    0.17% of issued class


11. n/a                                               12. n/a


13. n/a                                               14. 11 March 2008

                                                          Bermuda
15. n/a                                               16. 13 March 2008





If a person discharging managerial responsibilities has been granted options by
the issuer

complete the following boxes


17. Date of grant                                     18. Period during which or date on which exercisable



                                                          n/a

    n/a


19. Total amount paid (if any) for grant of the       20. Description of shares or debentures involved
    option                                                (class and number)



    n/a                                                   n/a


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



    n/a                                                   n/a




23. Any additional information                        24. Name of contact and telephone number for queries



                                                          Graham Staples
    none                                                  Company Secretary



                                                          020 7658 6742



Name of authorised official of issuer responsible for making notification



Graham Staples
Company Secretary







Date of notification _______13 March 2007







Notes:    This form is intended for use by an issuer to make a RIS notification
required by DR 3.3.


(1)   An issuer making a notification in respect of a transaction relating to the shares or
      debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)   An issuer making a notification in respect of a derivative relating the shares of the issuer
      should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)   An issuer making a notification in respect of options granted to a director/person discharging
      managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)   An issuer making a notification in respect of a financial instrument relating to the shares of
      the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23
      and 24.




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