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Schroder Inc Growth (BC!)

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Thursday 11 May, 2006

Schroder Inc Growth

Transaction in Own Shares

Schroder Income Growth Fund PLC
11 May 2006

                                                                    11 May 2006

                 PURCHASE OF SHARES FOR CANCELLATION

Schroder Income Growth Fund plc announces that on 11 May 2006 the Company
purchased 950,000 shares for cancellation at a price of 210.375 pence per share.
Following this transaction, there are a further 73,512,343 shares in issue.

Enquiries:

John Spedding                             Tel: 020 7658 3206
Schroder Investment Management Limited



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