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Schroder Inc Growth (BC!)

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Friday 29 June, 2007

Schroder Inc Growth

Director/PDMR Shareholding

Schroder Income Growth Fund PLC
29 June 2007

   NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
                      RESPONSIBILITY OR CONNECTED PERSONS



1. Name of the issuer

Schroder Income Growth Fund plc

2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in
accordance with section 324 (as extended by section 328) of the Companies Act
1985; or (iii) both (i) and (ii)

(iii)

3. Name of person discharging managerial responsibilities/director

Ian Barby

4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person

No connected person

5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest

Beneficial interest

6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares

Ordinary shares of 10 pence each

7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them

HSBC Global Custody Nominee (UK) Limited

8. State the nature of the transaction

Purchase of Ordinary shares

9. Number of shares, debentures or financial instruments relating to shares
acquired

100,000

10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)

0.1395%

11. Number of shares, debentures or financial instruments relating to shares
disposed

-

12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)

-

13. Price per share or value of transaction

222p

14. Date and place of transaction

50,000 shares purchased on 25 June 2007 - London

50,000 shares purchased on 26 June 2007 - London

15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)

100,000 ordinary shares, being 0.1395% of the issuer's issued share capital

16. Date issuer informed of transaction

29 June 2007

17. Any additional information

None

18. Name of contact and telephone number for queries

Louise Richard - 020 7658 6501

Name and signature of duly authorised officer of issuer responsible for making
notification

Louise Richard

For and behalf of Schroder Investment Management Limited

Company Secretary

Date of notification

29 June 2007


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