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Schroder Inc Growth (BC!)

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Tuesday 28 March, 2000

Schroder Inc Growth

Dividend Declaration

Schroder Income Growth Fund PLC
28 March 2000


SECOND INTERIM DIVIDEND
FOR THE YEAR ENDING 31 AUGUST 2000

The Directors of the Company have declared the payment of a second interim
dividend of 1.16p net per share for the year ending 31 August 2000.  The
dividend will be payable on 28 April 2000 to shareholders on the register on
7 April 2000.

Ex-Dividend Date                : 3 April 2000

Transfers must be lodged by     : 2.30 p.m. on 7 April 2000

Dividend Warrants               : Despatched on 27 April 2000

Payment Date                    : 28 April 2000

Dividend per share              : 1.16p net

A first interim dividend of 1.16p net per share was paid on 31 January 2000.


Enquiries:                    Schroder Investment Management Limited

Christine Higgens             0171 658 3496

                              e-mail christine.higgens@schroders.com