Director Shareholding

Schroders PLC
1 May 2001

                                Schroders plc



In compliance with Section 329 of the Companies Act 1985 and Chapter 16 of the
Listing Rules, we advise you that the Company has today been informed that on
5th April 2001 the following purchases of shares were made by Directors
pursuant to the re-investment of dividends within Personal Equity Plans and
Individual Savings Accounts:

                        No. of non-voting Ordinary Shares      Purchase Price
N.E.H. Ferguson                                        17           £10.40
Wife of N.E.H. Ferguson                                 4           £10.40
D.M. Salisbury                                         12           £10.40



J.P. Bainbridge

Secretary



1st May 2001