Schroders PLC 06 September 2005 FORM SAR 3 DISCLOSURE OF ACQUISITIONS (Rule 3 of The Rules Governing Substantial Acquisitions of Shares) Name of acquirer Schroders plc Beneficial owner, if different from above Clients under discretionary management agreements with Schroder Investment Management Limited and its associates and subsidiaries. Names of any other persons acting by agreement n/a or understanding (see SAR 5) Company dealt in Colefax Group Plc Class of voting shares (eg ordinary shares) Ord 10p Date of acquisition 05.09.05 Number of shares acquired 25,000 Number of rights over shares acquired # n/a Nature of rights over shares n/a Total holding of voting shares (and percentage 2,757,674 (16.136%) of total voting shares in issue) Total holding of rights over shares (and n/a percentage of total voting shares in issue) Combined total holding (and percentage) of 2,757,674 (16.136%) voting shares and rights over shares Date of disclosure 06.09.05 Contact name Katy Creagh-Osborne Telephone number 020 7658 2959 # See the definition of "rights over shares" in the Definitions Section of the SARs. For details of the SARs disclosure requirements, see SARs 3 and 5 and their Notes which can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk. This information is provided by RNS The company news service from the London Stock Exchange