RNS Number:0074K
Schroders PLC
14 April 2003

                                                                    FORM 8.1/8.3
Date of Disclosure: 14/04/03

     DISCLOSURE UNDER RULES 8.1 (a), 8.1 (b)(i), AND 8.3 OF THE CITY CODE

                            ON TAKEOVERS AND MERGERS


Date of Dealing:     11/04/03

Dealing in:     SIX CONTINENTS Plc

(1)     Class of securities (e.g. ordinary shares):          ORDINARY 28p SHARES

(2) Amount bought            Amount sold                     Price per unit (p)

                                3,600                              596.5

(3)     Resultant total of the same class owned or controlled:     32,141,563
        Percentage of class:      3.709%

(4)     Party making disclosure:     SCHRODERS Plc

(5)     EITHER     (a)   Name of purchaser/vendor (Note 1) :

        OR         (b)   If dealing for discretionary client(s), name of fund 
                         management organisation:

                         SCHRODERS Plc

 6. Reason for disclosure (Note 2)


    (a) associate of     (i) offeror (Note 3)          NO
                         (ii) offeree company          NO

    Specify which category or categories of associate (1-8 overleaf):

    If category (8), explain:

    (b) Rule 8.3 (i.e. disclosure because of ownership or control of 1% or more 
        of the class of relevant securities dealt in).         YES


Signed on behalf of the party named in (4) above: ..............................

(Also print name of signatory): Alison Dunn

Telephone and extension number: 020 7658 2959



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