Portfolio Update

Schroder Oriental Income Fund Ltd
04 September 2007





                     Schroder Oriental Income Fund Limited






The Board of Schroder Oriental Income Fund Limited announces that the top ten
holdings as a percentage of net assets at Friday 31 August 2007 are:






Australia & NZ Banking Group                                             4.93
Babcock & Brown Japan Property Trust                                     4.84
Macquarie Communications                                                 4.31
Macquarie International                                                  3.96
Transurban Group                                                         3.79
Hang Seng Bank                                                           3.66
Philippine Long Distance Telecom                                         2.95
Morgan Stanley Mega Financial Warrants                                   2.84
Westpac Banking                                                          2.72
Chunghwa Telecom                                                         2.58





                             By Order of the Board

                     Schroder Investment Management Limited

                               Company Secretary






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Enquiries :

Income Growth Fund plc

Tina Watts 020 7658 3581


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