Dividend Declaration

Schroder Split Investment Fund PLC
12 May 2004

Press Release

                                                                     12 May 2004

                            Second Interim Dividend

                      For The Year Ending 31 October 2004

The Directors of the Company have declared the payment of a second interim
dividend of 1.40p net per share for the year ending 31 October 2004 on the
Ordinary Shares of the Company.

Ex-Dividend Date:                              2 June 2004
Transfers must be lodged by:                   4 June 2004
Dividend Warrants:                             29 June 2004
Payment Date:                                  30 June 2004
Dividend per share:                            1.40p net


Enquiries:          Schroder Investment Management Limited

John Spedding  (020 7658 3206)

12 May 2004


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