Transaction in Own Shares

Schroder Oriental Income Fund Ltd
17 January 2008


                                                                 17 January 2008



                           Purchase of Shares For Cancellation

Schroder Oriental Income Fund Limited (the 'Company') announces that on 17
January 2008 the Company purchased 100,000 shares for cancellation at a price of
118.50 pence per share.  Following this purchase, there are a further
156,712,000 shares in issue.




Enquiries:

John Spedding
Schroder Investment Management Limited          Tel: [phone]








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