Dividend Declaration

Schroder Income Growth Fund PLC
27 March 2008

                                                                   27 March 2008

                            Second Interim Dividend

                       For The Year Ending 31 August 2008

The Directors of Schroder Income Growth Fund plc (the 'Company') have declared
the payment of a second interim dividend of 1.60p net per share for the year
ending 31 August 2008. This represents an increase of 6.7% over the second
interim dividend for the previous financial year.

Ex-Dividend Date:                                   2 April 2008

Record Date:                                        4 April 2008

Dividend Warrants Despatched on:                    29 April 2008

Payment Date:                                       30 April 2008

Dividend per Share:                                 1.60p net


Enquiries:

Louise Richard
Schroder Investment Management Limited                         020 7658 6501




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