Holding(s) in Company

SchroderJapan Growth Fund PLC
21 February 2005


                                                                21 February 2005


                    Substantial Share Interest Notification

The Company was notified on 21 February 2005 that on 15 February 2005, following
the acquisitions of shares, Credit Suisse First Boston has an interest in
3,756,000 ordinary shares of 10p each in the Company, being 3.00% of the
125,008,200 shares in issue.

Credit Suisse First Boston has an interest under section 208(5) of the Companies
Act 1985 by virtue of the right to re-delivery of equivalent securities under
stock lending arrangements.


Enquiries:

John Spedding
Schroder Investment Management Limited                        Tel: [phone]


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