Schroder British Opportunities Trust plc

Investment in HeadFirst

Schroder British Opportunities Trust plc ("SBO" or the "Company") is pleased to confirm a new private equity investment in HeadFirst, an international HR tech service provider operating in fifteen European countries. The capital invested will be used to finance HeadFirst's acquisition of managed services and specialist staffing provider, Impellam Group, to create a world leader in workforce solutions for STEM (science, technology, engineering and mathematics) talent. SBO gained exposure to HeadFirst via Schroders' long-standing investment partner, IceLake.

Tim Creed and Pav Sriharan, portfolio managers of the Company, commented: "We are pleased to be investing at this important development milestone for HeadFirst as we believe the combined business has the potential for significant growth over the coming years."

Enquiries:

Schroder Investment Management Limited

Katherine Fyfe (Company Secretarial)

Kirsty Preston (PR)                                                                    020 7658 6000

Peel Hunt

Liz Yong, Luke Simpson, Huw Jeremy (Investment Banking)

Alex Howe, Chris Bunstead, Ed Welsby, Richard Harris (Sales)    020 7418 8900

About Schroder British Opportunities Trust plc 'SBO'

SBO invests in a diversified portfolio of UK-focussed public and private equity companies with long-term growth prospects.

Further information on the Company is available at www.schroders.com/sbo