Model Code Dispensation

RNS Number : 4165H

Schroder UK Mid & Small Cap Fd PLC

04 November 2008

4 November 2008

Dealings in Shares

In accordance with Listing Rule 15.5.1(4), Schroder UK Mid & Small Cap Fund plc (the 'Company') announces that it is satisfied that all inside information which the Directors and the Company may have up to the announcement of the annual results for the year ended 30 September 2008 has previously been notified to a Regulated Information Service and, therefore, the dealings referred to in Listing Rule 15.5.1(3) are permitted.