RNS Number:6797N
Schroder Ventures Intl Inv Tst PLC
17 July 2003

For immediate release 17 July 2003





          Schroder Ventures International Investment Trust plc (SVIIT)


       Issue of #3 million 4.5 % Subordinated Convertible Bonds due 2013





SVIIT has issued #3 million in principal amount of 4.5% Subordinated Convertible
Bonds due 2013. Once listed on the official list maintained by the UK Listing
Authority and admitted to trading on the London Stock Exchange plc's market for
listed securities, these bonds will be fungible with SVIIT's existing
#40,000,000 4.5% Subordinated Convertible Bonds due 2013 issued on 20 May 2003.


The bonds have an annual coupon of 4.5% and are convertible into fully paid
ordinary shares of SVIIT at a conversion price of 480p.





For further information, please contact:




Schroder Ventures International Investment Trust plc

Nick Ferguson          020 7010 8910





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