RNS Number:4292U
Schroder Income Growth Fund PLC
20 January 2004


FOR IMMEDIATE RELEASE                                        20-Jan-04

To : The London Stock Exchange

Schroder Income Growth Fund plc

The Board of the Schroder Income Growth Fund plc announces that the unaudited
net asset value per share as at Friday 16th January 2004 was 162.25 pence.

By Order of the Board
Schroder Investment Management Limited
Secretaries

Enquiries :         Stephen Cunningham 020 7658 3287
                    Schroder Income Growth Fund plc


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