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SVG Capital PLC (SVI)

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Friday 17 September, 2004

SVG Capital PLC

Holding(s) in Company

SVG Capital PLC
17 September 2004

                                                               17 September 2004

                    Substantial Share Interest Notification

The Company was notified on 16 September 2004 that Schroder Investment
Management Limited, who is managing on a discretionary basis investment
portfolios for clients, unit trusts operated by an affiliated company, Schroder
Unit Trusts Limited, or portfolio's managed by Schroder & Co Limited, another
affiliated company, has an interest in the Company amounting to 20,336,357
ordinary shares of £1 each, being 18.05% of the 112,655,174 shares in issue.

The notification also advised that Schroders plc, Schroder Investment Management
Limited's holding company, which is treated as having an interest in all of the
above shares under the Companies Act by virtue of its ownership of Schroder
Investment Management Limited, holds a beneficial interest in 7,113,449 ordinary
shares of £1 each, being 6.31% of the 112,655,174 shares in issue.

The dates of the transactions were not disclosed.


John Spedding
Schroder Investment Management Limited
Tel: 020 7658 3206

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