Director Shareholding

Schroders PLC
7 May 2002


                                 Schroders plc


In compliance with Section 379 of the Companies Act 1985 and Chapter 16 of the
Listing Rules, we hereby advise you that the Company was informed today that Mr
J.A. Troiano, a Director, acquired 25 Schroders plc non-voting ordinary shares
on 23rd April 2002 at a price of £7.995 per share, pursuant to the re-investment
of dividends within a Personal Equity Plan.


J.P. Bainbridge

Company Secretary

7th May 2002



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