Transaction in Own Shares

Schroder Oriental Income Fund Ltd
18 January 2008



                                                                 18 January 2008


                      Purchase of Shares For Cancellation


Schroder Oriental Income Fund Limited (the 'Company') announces that on 18
January 2008 the Company purchased 125,000 shares for cancellation at a price of
117.125 pence per share.  Following this purchase, there are a further
156,587,000 shares in issue.



Enquiries:

John Spedding
Schroder Investment Management Limited                 Tel: [phone]





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