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Schroder Inc Growth (BC!)

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Wednesday 15 March, 2000

Schroder Inc Growth

Purchase of Own Securities

Schroder Income Growth Fund PLC
15 March 2000

                      Purchase of Shares for Cancellation

Schroder Income Growth Fund plc announces that on 15 March 2000, the Company
purchased 150,000 ordinary shares for cancellation, at a price of 118.50 pence
per share. Following the purchase, there are a further 73,201,971 ordinary
shares in issue.


Enquiries:

Christine Higgens
Schroder Investment Management Limited        Tel: 0171 658 3496