Director/PDMR Shareholding

Schroder UK Growth Fund PLC
06 September 2006


   NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
                      RESPONSIBILITY OR CONNECTED PERSONS


1. Name of the issuer

Schroder UK Growth Fund plc

2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in
accordance with section 324 (as extended by section 328) of the Companies Act
1985

Both (i) and (ii)

3. Name of person discharging managerial responsibilities/director

Alan Clifton

4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person

Not related to a person named in 3 above

5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest

In respect of holding of Director referred to in 3 above (5,000 shares) and his
wife (5,000 shares)

Beneficial interest

6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares

Ordinary shares of 25p each

7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them

Quilpep Nominees Limited

8. State the nature of the transaction

Purchase of Ordinary Shares via PEP/ISA scheme

9. Number of shares, debentures or financial instruments relating to shares
acquired

10,000 shares

10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)

0.0061%

11. Number of shares, debentures or financial instruments relating to shares
disposed

Nil

12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)

N/A

13. Price per share or value of transaction

126.5 pence per share

14. Date and place of transaction

6 September 2006 - London

15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)

35,000 shares, being 0.0214% of the issuer's issued share capital

16. Date issuer informed of transaction

6 September 2006

17. Any additional information

None

18. Name of contact and telephone number for queries

John Spedding - 020 7658 3206

Name and signature of duly authorised officer of issuer responsible for making
notification

John Spedding

For and behalf of Schroder Investment Management Limited

Secretary to Schroder UK Growth Fund plc

Date of notification

6 September 2006


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