Director/PDMR Shareholding

RNS Number : 4073V

Schroder Income Growth Fund PLC

01 November 2010

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1. Name of the issuer

Schroder Income Growth Fund plc

2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.4R (1)(a) a disclosure made in accordance with DTR 3.1.2R (Notification of transactions by persons discharging managerial responsibilities); or (ii) DTR 3.1.4R (1)(c) a disclosure made in accordance with section 793 of the Companies Act 2006 (Notice requiring information about interests in shares) to the extent that it relates to the interests of a director or, as far as the issuer is aware, any connected person; or (iii) both (i) and (ii)

(iii)

3. Name of person discharging managerial responsibilities/director

Keith Niven

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

Director and Spouse - Mrs L A Niven

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Beneficial interest in respect of persons named in 3 and 4 above

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of 10 pence each

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Chase Nominees Limited as a registered holder of shares in the Schroder ISA

8. State the nature of the transaction

Dividend Reinvestment - General & non discretionary PEP/ISA

9. Number of shares, debentures or financial instruments relating to shares acquired

954

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.00139%

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13. Price per share or value of transaction

192p per share

14. Date and place of transaction

29 October 2010 - London

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

82,863 ordinary shares, being 0.121% of the issuer's issued share capital

16. Date issuer informed of transaction

1 November 2010

17. Any additional information

None

18. Name of contact and telephone number for queries

Louise Richard - 020 7658 6501

Name and signature of duly authorised officer of issuer responsible for making notification

Louise Richard

For and behalf of Schroder Investment Management Limited

Date of notification

1 November 2010