Update re preliminary results

Schroders PLC
06 March 2003


                                 Schroders plc


Following an adjustment to the number of shares used in the earnings per share
calculations in the Preliminary Announcement dated 4th March 2003, both the
basic and diluted earnings per share for 2002 have changed from 9.0p to 8.8p.


Jonathan Asquith

Chief Financial Officer

6th March 2003

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