Purchase of Own Securities

Schroders PLC
18 September 2002


Schroders plc

Purchase of own securities

Schroders plc announces that it has today purchased for cancellation through
Cazenove & Co. Ltd 220,000 non-voting ordinary shares at a price of 459.17p per
share.

Enquiries

Ian Johnson     Schroders plc     0207 658 6243

End


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