Portfolio Update

Schroder UK Mid & Small Cap Fd PLC
02 April 2008


                        Schroder UK Mid & Small Cap Fund

The Board of the Schroder UK Mid & Small Cap Fund Limited announces that the top
    ten holdings as a percentage of net assets at Monday 31 March 2008 are:


Carillion Ord                                                        3.10
Inchcape Ord                                                         2.21
Atkins (WS) Ord                                                      2.18
Premier Oil Ord                                                      2.18
Dechra Pharmaceuticals Ord                                           2.16
Homeserve Ord                                                        2.15
Laird Group Ord                                                      2.14
Rotork Ord                                                           1.98
John Wood Group Ord                                                  1.82
Greggs Ord                                                           1.77

                             By Order of the Board

                     Schroder Investment Management Limited

                               Company Secretary


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Enquiries :

Schroder UK Mid & Small Cap Fund

Tina Watts 020 7658 3581


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