Director Shareholding

Schroders PLC
24 April 2001


The issuer has advised that the 'Director Shareholding' announcement released
on 19 March 2001 at 17:24 under RNS Number 7192A, was issued incorrectly under
the Company name of Capita Group PLC . The announcement should have been
released under the correct Company name of Schroders PLC. The full text shown
below remains unchanged.

                                SCHRODERS PLC


In compliance with Section 329 of the Companies Act 1985 and Chapter 16 of the
Listing Rules, we hereby advise you that the Company was informed today that
the trustees of the Schroders Employee Benefit Trust have purchased the
following non-voting ordinary shares:

                No. of non-voting Ordinary Shares         Price Per Share

                                                          (including costs)
13th March 2001                                   152,250                 £9.55
14th March 2001                                   300,567                 £9.02
15th March 2001                                   140,000                 £9.31
16th March 2001                                    90,000                 £9.54



The potential beneficiaries of the trust under the Company's share schemes
include, among others, Directors of Schroders plc.


J.P. Bainbridge

Secretary


19th March 2001