Holding in Company

Schroders PLC
13 October 2004


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Schroders plc

2. Name of shareholder having a major interest

FMR Corp. and its direct and indirect subsidiaries and Fidelity International
Limited and its direct and indirect subsidiaries

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

Non-beneficial interest

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Bank of New York London        1,312,808
Chase Manhattan Bank London      349,600
Citibank                          15,200
Deutsche Bank                     22,100
JP Morgan                         32,700
Mellon Bank                       27,700
Northern Trust                   862,000
State Street Bank & Trust        117,200
State Street Nominees Ltd        118,700
Chase Manhattan Bank London    5,056,840
Chase Manhattan Ltd              322,600
JP Morgan                        271,600
HSBC                              10,300
Bank of New York London          234,400
Citibank                          38,800
Deutsche Bank                     14,000
Mellon Nominees Ltd               75,400

5. Number of shares / amount of stock acquired

N/A

6. Percentage of issued class

N/A

7. Number of shares / amount of stock disposed

280,100

8. Percentage of issued class

0.124%

9. Class of security

Ordinary shares

10. Date of transaction

12 October 2004

11. Date company informed

13 October 2004

12. Total holding following this notification

8,881,948

13. Total percentage holding of issued class following this notification

3.93%

14. Any additional information

N/A

15. Name of contact and telephone number for queries

Hannah Ashdown
0207 658 6208

16. Name and signature of authorised company official responsible for making
this notification

Christine Daniels

Date of notification

13 October 2004

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for loss of business or loss of profits) arising in contract, tort or otherwise
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