5 June 2020

Issue of ordinary shares

Schroder Income Growth Fund plc (the "Company") has issued 350,000 new ordinary shares of £0.10 under its block listing facility at a price of 261.7 pence per share on 5 June 2020.  The new shares rank pari passu with the existing ordinary shares in issue.

Following this issue, the Company's issued share capital consists of 69,038,343 ordinary shares.  No shares are held in treasury.  Accordingly, the total number of voting rights in the Company is 69,038,343.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries:

Matthew Riley

Schroder Investment Management Limited          

Tel: 020 7658 6596