Director/PDMR Shareholding

Schroders PLC
25 August 2005


                                SCHEDULE 11

       NOTIFICATION OF INTERESTS OF DIRECTORS, PDMRs AND CONNECTED PERSONS


1. Name of company

Schroders plc

2. Name of director

None. However, see 6 below

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest

Non-beneficial interest.

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

MIL (Jersey) Limited

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

No connection with any one specific director.

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

Market purchase of shares into the registered holding of the Schroders
Employee Benefit Trust, Trustees of the Worldwide Share Ownership Plan.
The potential beneficiaries of the trust include the following
Directors of Schroders plc: Jonathan Asquith, Michael Dobson, Alan
Brown and Massimo Tosato.

7. Number of shares / amount of stock acquired

30,000

8. Percentage of issued class

0.04%

9. Number of shares/amount of stock disposed

n/a

10. Percentage of issued class

n/a

11. Class of security

Non-voting ordinary shares of one pound each

12. Price per share

n/a

13. Date of transaction

18 August 2005

14. Date company informed

24 August 2005

15. Total holding following this notification

7,662,506

16. Total percentage holding of issued class following this notification

10.8%

If a director has been granted options by the company please complete the
following boxes.

17. Date of grant

n/a

18. Period during which or date on which exercisable

n/a

19. Total amount paid (if any) for grant of the option

n/a


20. Description of shares or debentures involved: class, number

n/a

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise

n/a

22. Total number of shares or debentures over which options held following this
notification

n/a

23. Any additional information

The total holding following this notification detailed in (15) is that
in which the PLC directors noted in (6) are now deemed to be interested
by virtue of their positions as potential beneficiaries of the trust.

24. Name of contact and telephone number for queries

Dianne Gungor 0207 658 6799

25. Name and signature of authorised company official responsible for making
this notification

Christine Daniels
Schroders plc

Date of Notification

25 August 2005

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for loss of business or loss of profits) arising in contract, tort or otherwise
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