Holding(s) in Company

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

SCHRODERS PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Y

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

N

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

N

An event changing the breakdown of voting rights

N

Other (please specify):

Regulatory

N

3. Full name of person(s) subject to thenotification obligation: iii

LINDSELL TRAIN LIMITED ( discretionary clients)

4. Full name of shareholder(s) (if different from 3.):iv

The BNY (OCS) Nominees

BNP Paribas

NT Nominees

State Street Nominees

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

01st December 2016

6. Date on which issuer notified:

05th December 2016

7. Threshold(s) that is/are crossed orreached: vi, vii

5.01%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Schroders plc

GB0002405495

Below 5%

Below 5%

11,312,070

11,312,070

-

5.01%

-

Aggregate holdings from discretionary clients accounts

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Na

Na

Na

Na

Na

Nominal

Delta

Na

Na

Total (A+B+C)

Number of voting rights

Percentage of voting rights

11,312,070

5.01%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

N/A

Proxy Voting:

10. Name of the proxy holder:

na

11. Number of voting rights proxy holder will ceaseto hold:

na

12. Date on which proxy holder will cease to holdvoting rights:

na

13. Additional information:

na

14. Contact name:

Lauren Jorgensen

15. Contact telephone number:

020 7808 1210