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Schroder Inc Growth (BC!)

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Friday 29 September, 2000

Schroder Inc Growth

Purchase of Own Securities

Schroder Income Growth Fund PLC
29 September 2000

PURCHASE OF SHARES FOR CANCELLATION

Schroder Income Growth Fund plc announces that on 28 September 2000, the Company
purchased 30,000 ordinary shares for cancellation, at a price of 
131.50 pence per share.  Following this purchase, there are a further 69,842,971
ordinary shares in issue.

Enquiries:
Christine Higgens
Schroder Investment Management Limited
Tel:  020 7658 3496