Results of Meetings

Schroders PLC
28 March 2000



Schroders plc
-------------

The  Board  of Schroders plc announces that all shareholder resolutions  were
passed at the Annual General Meeting, the two Court Meetings respectively  of
Ordinary  and  Non-Voting  Ordinary Shareholders  and  at  the  Extraordinary
General  Meeting  held  today, 28th March 2000.   In  particular,  the  Court
Meetings   approved  the  Scheme  of  Arrangement  in  connection  with   the
acquisition  of the Schroder Group's investment banking business  by  Salomon
Smith  Barney Holdings Inc., with the result that the Scheme will now be  put
to the Court for sanctioning.

The voting figures at the Court Meetings were as follows:

Ordinary Shares
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In favour of the Scheme       772 holders representing 168,539,760 shares

Against the Scheme            8 holders representing 25,710 shares

Non-Voting Ordinary Shares
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In favour of the Scheme       510 holders representing 28,802,869 shares

Against the Scheme            6 holders representing 7,187 shares




A.M. Gaulter
Secretary