Holding(s) in Company

Schroders PLC
05 February 2004



                                 SCHRODERS PLC


In accordance with Section 198 of the Companies Act 1985 and Chapter 9,
Paragraph 11 of the Listing Rules, we hereby inform you that the Company has
today been notified by Legal & General Investment Management Limited that
following the purchase of 355,000 ordinary shares of Schroders plc on 2 February
2004, Legal & General Group plc companies now have a beneficial interest in
7,125,346 ordinary shares, representing 3.15% of the issued ordinary share
capital of Schroders plc.

The interests are registered as follows:



HSBC Global Custody Nominee (UK)         914945       85,044    shares
Limited a/c

HSBC Global Custody Nominee (UK)         886603    1,786,500
Limited a/c

HSBC Global Custody Nominee (UK)         775245      932,854
Limited a/c

HSBC Global Custody Nominee (UK)         357206    4,039,628
Limited a/c

HSBC Global Custody Nominee (UK)         866197        6,878
Limited a/c

HSBC Global Custody Nominee (UK)         904332       15,000
Limited a/c

HSBC Global Custody Nominee (UK)         916681       12,400
Limited a/c

HSBC Global Custody Nominee (UK)         922437          400
Limited a/c

HSBC Global Custody Nominee (UK)         360509      246,642
Limited a/c

                                          Total    7,125,346
                                                   -----------


Ian Johnson
5 February 2004




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