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Schroder Inc Growth (BC!)

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Monday 05 April, 2004

Schroder Inc Growth

Transaction in Own Shares

Schroder Income Growth Fund PLC
05 April 2004

                                                                    5 April 2004

                      Purchase of Shares For Cancellation

Schroder Income Growth Fund plc announces that on 2 April 2004, the Company
purchased 75,000 shares for cancellation, at a price of 156.00 pence per share.
Following this purchase, there are a further 75,987,343 shares in issue.


John Spedding

Schroder Investment Management Limited
Tel: 020 7658 3206

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