Purchase of Own Securities

Schroders PLC
11 November 2002


Schroders plc

Purchase of own securities

Schroders plc announces that today it purchased for cancellation through
Cazenove & Co. Ltd 500,000 non-voting ordinary shares at a price of 513.5035p
per share.

Enquiries

Ian Johnson Schroders plc 0207 658 6243

End


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