Director Shareholding

Schroders PLC
13 November 2000


In  compliance  with Section 329 of the Companies Act 1985  and  Chapter  16,
paragraph 13 of the Listing Rules, we hereby advise you that the Company  has
been today informed that the trustees of the Schroders Employee Benefit Trust
have purchased the following non-voting ordinary shares:

Date of Purchase             No. of non-voting         Price per Share
----------------             Ordinary Shares           ---------------
                             -----------------

3rd November 2000                   53,478                  £11.68
6th November 2000                      203                  £12.30
7th November 2000                    1,455                  £12.43
8th November 2000                      796                  £12.81
10th November 2000                     203                  £12.90

The  potential  beneficiaries of the trust under the Company's Share  schemes
include,  among  others, Directors of Schroders plc apart from  non-executive
directors.

In  addition,  the  Company  has today been informed  that  Mr  D.M. 
Salisbury,  a Director,  purchased  7 (seven) non-voting ordinary  shares  of 
£1  each  in Schroders plc at a price of £12.30 per share on 3rd November 2000
pursuant to the re-investment of dividends within an Individual Savings
Account.


J.P. Bainbridge
Secretary