Transaction in Own Shares

Transactions in own shares

Schroders plc (the Company) announces today it has purchased the following number of its non-voting ordinary shares of £1 each on the London Stock Exchange from J.P. Morgan Securities plc.

Non-voting ordinary Shares:

Date of purchase: 23 March 2017

Number of non-voting ordinary shares purchased: 32,300

Lowest price per share 2280.0000 pence

Highest price per share 2315.0000 pence

Trading venue London Stock Exchange

Weighted average price per day per trading venue: 2294.7626 pence

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 56,616,295 non-voting ordinary shares in issue. There are no shares held in treasury.