Purchase of Own Securities

Schroders PLC
20 September 2002


Schroders plc

Purchase of own securities

Schroders plc announces that yesterday it purchased for cancellation through
Cazenove & Co. Ltd 217,279 non-voting ordinary shares at a price of 434.2995p
per share.

Enquiries

Ian Johnson     Schroders plc     0207 658 6243

End

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