Director/PDMR Shareholding

Schroders PLC
19 October 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

Purchase of non-voting ordinary shares by the Trustee of the Schroders Employee
Benefit Trust. The potential beneficiaries of the trust include the following
Directors: Jonathan Asquith, Alan Brown, Michael Dobson, and Massimo Tosato

7. Number of shares / amount of stock acquired

43,325

8. Percentage of issued class

0.060%


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

£8.18419

13. Date of transaction

18 October 2005

14. Date company informed

18 October 2005

15. Total holding following this notification

8,709,891

16. Total percentage holding of issued class following this notification

12.06%

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

Hannah Ashdown
Assistant Company Secretary
Schroders plc

Date of Notification

19 October 2005

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.



                      This information is provided by RNS
            The company news service from the London Stock Exchange