Holding(s) in Company

Schroders PLC 28 November 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Schroders plc 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights Yes An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached No An event changing the breakdown of voting rights No 3. Full name of person(s) subject to the notification obligation: Harris Associates L.P. 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 21 November 2007 6. Date on which issuer notified: 27 November 2007 7. Threshold(s) that is/are crossed or reached: 6% 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous to the Resulting situation after the triggering transaction shares Triggering transaction if possible Number of Number of Number of Number of voting rights % of voting rights using the ISIN Shares Voting Rights shares CODE Direct Direct Indirect Direct Indirect Ordinary 13,619,102 13,619,102 12,919,102 12,919,102 5.72% B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration date Exercise/ Conversion Number of voting rights % of voting instrument Period/ Date that may be acquired if rights the instrument is exercised/ converted. N/A Total (A+B) Number of voting rights % of voting rights 12,919,102 5.72% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Proxy Voting: 10. Name of the proxy holder: Harris Associates L.P. 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: Percentage figures are based on a total number of voting rights of 226,022,400 14. Contact name: Graham Staples 15. Contact telephone number: 020 7658 6742 This information is provided by RNS The company news service from the London Stock Exchange

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Schroders (SDR)
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