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Schroder Inc Growth (BC!)

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Thursday 29 June, 2000

Schroder Inc Growth

Dividend Notification Declaration

Schroder Income Growth Fund PLC
29 June 2000


THIRD INTERIM DIVIDEND
FOR THE YEAR ENDING 31 AUGUST 2000

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

Ex-Dividend Date            : 10 July 2000

Transfers must be lodged by : 2.30 p.m. on 14 July 2000

Dividend Warrants           : Despatched on 28 July 2000

Payment Date                : 31 July 2000

Dividend per share          : 1.16p

A first interim dividend of 1.16p net per share was paid on 31 January 2000, and
a second interim dividend of 1.16p net per share was paid on 28 April 2000.

Enquiries:

Christine Higgens
Schroder Investment Management Limited     Tel: 020 7658 3496