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Schroder Ventures (SVI)

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Tuesday 16 March, 2004

Schroder Ventures

Options Granted

Schroder Ventures Intl Inv Tst PLC
16 March 2004


In compliance with Section 329 of the Companies Act 1985 and Chapter 16,
paragraph 13 of the Listing Rules, we hereby notify you that on 12 March 2004
the following directors of Schroder Ventures International Investment Trust plc
were granted options giving them the right to acquire the numbers of ordinary
shares in Schroder Ventures International Investment Trust plc set out below
under the Rules of the Company's Executive Share Option Plan 2001:

Nick Ferguson                     363,256
Andrew Williams                   248,851

The options were granted at a price of 479p per share and are not normally
exercisable for three years and then only if the applicable performance targets
have been met.

For further information, please contact:

Schroder Ventures (London) Limited
Alice Todhunter                                                  020 7010 8925

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