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Schroder Inc Growth (BC!)

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Tuesday 06 June, 2000

Schroder Inc Growth

Purchase of Own Securities

Schroder Income Growth Fund PLC
6 June 2000


                      PURCHASE OF SHARES FOR CANCELLATION

Schroder Income Growth Fund plc announces that on 6 June 2000, the Company
purchased 55,000 ordinary shares for cancellation, at a price of 133.00 pence
per share.  Following the purchase, there are a further 71,601,971 ordinary
shares in issue.

Enquiries:

Christine Higgens
Schoder Investment Management Limited                     Tel: 0171 658 3496