Re Directorate

Schroders PLC
28 February 2001


                                Schroders plc

                    Appointment of Non-Executive Director


The Board of Schroders plc are pleased to announce the appointment of Nicholas
Ferguson as a non-executive Director with effect from 28th February 2001. Mr
Ferguson, aged 52, has been Chairman of Schroder Ventures since 1984 and is
also a Director of Schroder Ventures International Investment Trust plc.

Commenting on this appointment Peter Sedgwick, Chairman of Schroders plc,
said:

'The Board are delighted that Nick Ferguson has agreed to join us as a
non-executive Director. His wide experience with the Group, and particularly
with Schroder Ventures, which under his guidance has grown to be one of the
largest private equity businesses in the world, will provide a significant
contribution to the Board.'


28th February 2001


Press enquiries to:


Peter Sedgwick

Chairman

Schroders plc

31 Gresham Street

London EC2V 7QA


Tel: + (44) 20 7658 6000




Biographical details of Mr. Ferguson:

Nicholas ('Nick') Ferguson

Born 24th October 1948, British

Nick Ferguson first joined Schroders in 1971 from Hill Samuel having been
educated at Winchester College and Edinburgh University. From 1976 to 1980 he
was an executive and latterly Chief Executive Officer of Middle East Financial
Consulting Association, Munich. He rejoined Schroders in 1980 and from 1980 to
1984 was Chief Executive of Singapore International Merchant Bankers Limited,
a joint venture between Schroders and OCBC. Since 1984 he has been Chairman of
Schroder Ventures.

He has an M.B.A. from, and is a Baker Scholar of, Harvard Business School. He
is a Director of Schroder Ventures International Investment Trust plc,
Chairman of the Somerset House Arts Fund, a Director of the Courtauld
Institute of Art, and Chairman of William Temple House.

February 2001


It is confirmed that there are no details to be disclosed concerning Mr
Ferguson under paragraph 6F2(b) to (g) of the Listing Rules.