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Director/PDMR Shareholding

17th May 2006 17:37

Schroders PLC17 May 2006 Schroders plc In compliance with Section 329 of the Companies Act 1985 and the FSA'sDisclosure Rule 3.1.2 we hereby notify you that on 27 April 2006 the followingDirectors and PDMRs of Schroders plc, had their original ECP award grantsconverted from non-voting ordinary shares to ordinary shares. The conversion wasapproved at the AGM on 26 April 2006. Original Converted Total ECP Total ECP % of ECP grant ECP grant interests over interests over ordinary over non- over non-voting ordinary share voting ordinary ordinary shares class ordinary shares with shares following this shares as at effect from following this notification 6 March 27 April notification 2006 2006 Jonathan Asquith 95,484 90,877 314,366 90,877 0.04Paul Barry 36,881 35,101 58,434 35,101 0.02Alan Brown 33,784 32,154 0 32,154 0.01Peter Clark 37,351 35,549 267,952 35,549 0.02Michael Dobson 153,570 146,162 1,160,071 146,162 0.06Lester Gray 43,054 40,976 118,947 40,976 0.02Philip Mallinckrodt 26,173 0 96,294 0 0Markus Ruetimann 33,784 32,154 20,860 32,154 0.01Graham Staples 3,071 2,921 1,408 2,921 0.00Massimo Tosato 95,484 90,877 345,804 90,877 0.04Howard Trust 18,514 17,620 37,739 17,620 0.01 Awards under the Equity Compensation Plan are granted for nil consideration.They do not give rise to any immediate entitlement to shares and are at risk offorfeiture in whole or in part before the fifth anniversary of the grant. Graham Staples Company Secretary 17 May 2006 This information is provided by RNS The company news service from the London Stock Exchange

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