Portfolio Update

Schroder Income Growth Fund PLC
04 March 2008


                        Schroder Income Growth Fund plc


The Board of Income Growth Fund plc announces that the top ten holdings as a
percentage of net assets at Friday 29 February 2008 are:


Royal Dutch Shell 'B'                                                    9.56
BP                                                                       5.98
GlaxoSmithKline                                                          5.27
HSBC Holdings                                                            4.76
Vodafone Group                                                           4.44
AstraZeneca                                                              4.15
Lloyds TSB Group                                                         4.03
Rexam                                                                    3.89
Aviva                                                                    3.51
National Grid                                                            3.39


                             By Order of the Board

                     Schroder Investment Management Limited

                               Company Secretary


--------------------------------------------------------------------------------

Enquiries :

Income Growth Fund plc

Tina Watts 020 7658 3581


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