Holding(s) in Company

Schroders PLC
29 March 2007



TR-1:               Notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing                Schroders plc
shares to which voting rights are attached:

2. Reason for the notification     (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights                                                       X

An acquisition or disposal of financial instruments which may result in the acquisition of       N/A
shares already issued to which voting rights are attached

An event changing the breakdown of voting rights                                                 N/A

3. Full name of person(s) subject to the notification                     Harris Associates L.P.
obligation:

4. Full name of shareholder(s) (if different from 3.):

5. Date of the transaction (and date on which the threshold is                   26 March 2007
crossed or reached if different):

6. Date on which issuer notified:                                                28 March 2007

7. Threshold(s) that is/are crossed or reached:                                       8%

8. Notified details:



A: Voting rights attached to shares


Class/type of    Situation previous to the     Resulting situation after the triggering transaction
shares           Triggering transaction
 if possible     Number of      Number of      Number of      Number of voting rights  % of voting rights
using the ISIN   Shares         Voting Rights  shares
CODE

                                               Direct         Direct         Indirect  Direct       Indirect



 Ordinary          17,945,800   17,945,800       18,145,800     18,145,800                8.03%




B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument                           Period/ Date              that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.


                                                   N/A


Total (A+B)

Number of voting rights                            % of voting rights


   18,145,800                                             8.03%




9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable:



Proxy Voting:

10. Name of the proxy holder:                                              Harris Associates L.P.

11. Number of voting rights proxy holder will cease to hold:                        N/A

12. Date on which proxy holder will cease to hold voting rights:                    N/A


13. Additional information:                  Percentage figures are based on a total number of voting rights
                                             of 226,022,400

14. Contact name:                            Graham Staples

15. Contact telephone number:                020 7658 6742



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