Peter Job Appointed Non-executive Director

Schroders PLC
5 November 1999


Schroders plc
-------------

The  Board  of  Schroders  plc are  pleased  to  announce  the
appointment  of  Peter  Job as a non-executive  Director  with
effect  from  5th November 1999.  Mr. Job, aged 58,  has  been
Chief Executive of Reuters Group PLC since 1991 and is also  a
non-executive Director of Glaxo Wellcome plc.

Commenting  on  this  appointment, Win Bischoff,  Chairman  of
Schroders plc, said:

'The Board are delighted that Peter Job has agreed to join  us
as  a  non-executive Director.  His many years' experience  in
developing Reuters' global business, together with an in-depth
knowledge of financial markets and of the fast-changing  world
of  information systems, will be very valuable to Schroders in
the new millennium.'



Press enquiries to:

W.F.W. Bischoff, Chairman
Schroders plc
120 Cheapside
London EC2V 6DS

Tel [phone]


Biographical details of Mr. Job:

Born 13th July 1941, British

Peter  Job  joined Reuters in 1963 as a graduate trainee  from
Oxford University and served as a correspondent in Paris,  New
Delhi, Kuala Lumpur and Jakarta.  He moved into management  in
1971  in Buenos Aires and subsequently held a series of  posts
with   managerial   responsibility  for  Asia/Pacific,   Latin
America, the Middle East and Africa.  He became a director  of
Reuters Holdings plc in 1989 after a decade based in Hong Kong
in  charge  of Reuters Asia.  He was appointed Chief Executive
in  March  1991.  From 1989 he was a director and subsequently
Chairman   of  the  international  newsfilm  agency   Visnews,
resigning when Reuters acquired Visnews in 1992.

He   was   appointed   a  non-executive  director   of   Grand
Metropolitan  in  1994  and,  when  the  company  merged  with
Guinness, served on the board of Diageo plc from December 1997
to June 1999.  He joined Glaxo Wellcome plc as a non-executive
director in October 1997.  In 1999 he became Chairman  of  the
International  Advisory Council of NASDAQ,  the  US  over-the-
counter   stock  market.   Other  advisory  positions  include
membership  of  the  UK  Council  of  the  Fontainebleau-based
business  school INSEAD (1993), the Department  of  Trade  and
Industry's  Japan  Trade Group (1994), the  Chancellor's  City
Promotion  Panel (1995) and the Foreign & Commonwealth  Office
Business Panel (1998).  In December 1995 he became an Honorary
Fellow of Green College, Oxford and in 1998 an hon. D. Litt at
the University of Kent.



It  is  confirmed  that there are no details to  be  disclosed
concerning Mr. Job under paragraph 6F2(b) to (g) of the  Stock
Exchange Listing Rules.