Trading during a closed period

29 April 2020

Trading during a closed period

Schroder Income Growth Fund plc (the "Company") announces that it is satisfied, based on the factors set out in (i) to (iv) below, that all inside information which the directors and the Company might have had up to 29 April 2020 has previously been notified to a Regulated Information Service ("RIS"). The Company is therefore not prohibited from issuing shares pursuant to the block listing granted on 22 April 2020 or purchasing shares to be held in treasury during the current closed period (as defined by the EU Market Abuse Regulation), which ends on the date of the announcement of the Company's half year results for the period ended 29 February 2020.

The factors referred to above are as follows:

(i) the announcement on 29 April 2020 of the net asset value per share as at the close of business on 28 April 2020;

(ii) the Company's belief, following reasonable enquiries, that there will be no material difference between the information published on 29 April 2020 and that to be included in the forthcoming announcement of its half year results;

(iii) the Company's practice of calculating its net asset value per share each business day and the announcement of such net asset values via an RIS; and

(iv) there being no other unpublished information which constitutes price-sensitive information in respect of the Company's securities.

The closed period will end on announcement of the Company's half year results. If during the period leading up to the announcement of the half year results the Company or its directors come into possession of any inside information, such inside information will be notified to an RIS in accordance with the EU Market Abuse Regulation.

Enquiries:

Schroder Investment Management Limited

Matthew Riley

Tel: 0207 658 6596