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Schroder Ventures (SVI)

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Wednesday 19 March, 2003

Schroder Ventures

Director Shareholding

Schroder Ventures Intl Inv Tst PLC
19 March 2003

For immediate release 19 March 2003


                                GRANT OF OPTIONS

SVIIT announces that 1,227,464 options over shares were granted on 13 March 2003
to qualifying participants.

Of these options over shares, 1,193,754 were granted at a price of £3.9275 per
share and 33,710 were granted at a price of £3.975 per share.  These options are
not normally exercisable for three years and then only if the applicable
performance targets have been met.

Of the above allocation, 349,840 options over shares were granted to Nick
Ferguson, and 239,847 to Andrew Williams, both directors of SVIIT, at a price of
£3.9275 per share.

For further information, please contact:

Schroder Ventures International Investment Trust plc

John McLachlan/Nick Ferguson                        020 7010 8911

Schroder Ventures (London) Limited

Alice Todhunter                                     020 7010 8925

GCI Financial

Annabel O'Connor                                    020 7072 4287

                      This information is provided by RNS
            The company news service from the London Stock Exchange        SGUUAGWUPWGAB