RNS Number:0402T
Schroder UK Mid & Small Cap Fd PLC
09 December 2003



                                                                 5 December 2003


                    Substantial Share Interest Notification



We are writing to advise that the Company was notified on 5 December 2003 that,
following a sale of 500,000 ordinary shares on 3 December 2003, East Riding of
Yorkshire Council has a notifiable interest in 2,200,000 ordinary shares,
amounting to 8.1% of the 27,118,657 shares in issue.







Enquiries:

John Spedding

Schroder Investment Management Limited           Tel: 020 7658 3206







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