NewFinance Capital completion

Schroders PLC
04 May 2006


Schroders plc

4 May 2006



                               NewFinance Capital



Schroders plc announces that it has completed the acquisition of NewFinance
Capital, the London-based manager of funds of hedge funds. The proposed
acquisition was announced on 21 February 2006.







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