Dividend Declaration

Schroder Split Investment Fund PLC
01 August 2003

Press Release

                                                                   1 August 2003


                             Third Interim Dividend

                      For The Year Ending 31 October 2003

The Directors of the Company have declared the payment of a third interim
dividend of 1.40p net per share for the year ending 31 October 2003 on the
Ordinary Shares of the Company.

Ex-Dividend Date:                              10 September 2003
Transfers must be lodged by:                   12 September 2003
Dividend Warrants:                             29 September 2003
Payment Date:                                  30 September 2003
Dividend per share:                            1.40p net



Enquiries:      Schroder Investment Management Limited
                Neil Olofsson                              (020 7658 3496)



1 August 2003



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