Holding(s) in Company

SchroderJapan Growth Fund PLC 06 May 2008 For filings with the FSA include the annex For filings with issuer exclude the annex TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Schroder Japan Growth Fund Plc 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: (X) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) Decrease in the issued share capital. 3. Full name of person(s) subject to notification obligation: 1607 Capital Partners, LLC 4. Full name of shareholder(s) (if different from 3) : Bank of New York 1,246,100 BNY Mellon 2,954,694 Citibank 307,600 Northern Trust 1,248,888 State Street 1,804,018 JP Morgan 671,007 5. Date of transaction (and date on which the threshold is crossed or reached if different): 1 May 2008 6. Date on which issuer notified: 6 May 2008 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified Details: Nominee Holdings A: Voting rights attached to shares Class/type of shares if possible Situation previous to the triggering transaction use ISIN CODE Ordinary Shares Number of shares Number of voting rights Not disclosed Not disclosed GB0008022849 Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting rights if possible use ISIN CODE Direct Indirect Direct Indirect 8,232,307 6.59% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration date Exercise/conversion No. of voting rights that % of voting rights financial period/date may be acquired (if the instrument instrument exercised/ converted) N/A Total (A+B) Number of voting rights % of voting rights 8,232,307 6.59% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable : Proxy Voting: 10. Name of proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: N/A 14. Contact name: John Spedding 15. Contact telephone number: 0207 658 3206 Date: 6 May 2008 This information is provided by RNS The company news service from the London Stock Exchange
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