Director Shareholding

Schroder UK Growth Fund PLC
5 March 2001

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    SCHRODER UK GROWTH FUND PLC

2)  NAME OF DIRECTOR

    K M NIVEN

3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder
    if it is a holding of that person's spouse or children under the
    age of 18 or in respect of an non-beneficial interest

    DIRECTOR AND SPOUSE

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    SCHRODER NOMINEES LIMITED AS A REGISTERED HOLDER OF SHARES IN THE
    SCHRODER PERSONAL EQUITY PLAN

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    NOTIFICATION INCLUDES DIRECTOR'S WIFE - Mrs L A NIVEN

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    REINVESTMENT OF DIVIDENDS HELD THROUGH A NON DISCRETIONARY GENERAL PEP

7)  Number of shares/amount of
    stock acquired

    197

8)   (0.00010%)
    of issued Class


9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class


11) Class of security

    ORDINARY SHARES

12) Price per share

    143p

13) Date of transaction

    5 FEBRUARY 2001

14) Date company informed

    28 FEBRUARY 2001

15) Total holding following this notification

    16,914 ORDINARY SHARES

16) Total percentage holding of issued class following this notification

    0.0087

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information

    DIRECTOR NOT YET INFORMED

24) Name of contact and telephone number for queries

    JOHN SPEDDING - TEL: [phone]

25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification         5 MARCH 2001                        



                        DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    SCHRODER UK GROWTH FUND PLC

2)  NAME OF DIRECTOR

    J PHILLIPS

3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder
    if it is a holding of that person's spouse or children under the
    age of 18 or in respect of an non-beneficial interest

    DIRECTOR ONLY

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    SCHRODER NOMINEES LIMITED AS A REGISTERED HOLDER OF SHARES IN THE
    SCHRODER PERSONAL EQUITY PLAN

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    N/A

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    REINVESTMENT OF DIVIDENDS HELD THROUGH A NON DISCRETIONARY GENERAL PEP

7)  Number of shares/amount of
    stock acquired

    83

8)   (0.000043%)
    of issued Class


9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class


11) Class of security

    ORDINARY SHARES

12) Price per share

    143p

13) Date of transaction

    5 FEBRUARY 2001

14) Date company informed

    28 FEBRUARY 2001

15) Total holding following this notification

    7,116 ORDINARY SHARES

16) Total percentage holding of issued class following this notification

    0.0037

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information

    DIRECTOR NOT YET INFORMED

24) Name of contact and telephone number for queries

    JOHN SPEDDING - TEL: [phone]

25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification         5 MARCH 2001                        


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    SCHRODER UK GROWTH FUND PLC

2)  NAME OF DIRECTOR

    I P SEDGWICK

3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder
    if it is a holding of that person's spouse or children under the
    age of 18 or in respect of an non-beneficial interest

    DIRECTOR AND SPOUSE

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    SCHRODER NOMINEES LIMITED AS A REGISTERED HOLDER OF SHARES IN THE
    SCHRODER PERSONAL EQUITY PLAN

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    NOTIFICATION INCLUDES DIRECTOR'S WIFE - Mrs V M SEDGWICK

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    REINVESTMENT OF DIVIDENDS HELD THROUGH A NON DISCRETIONARY GENERAL PEP

7)  Number of shares/amount of
    stock acquired

    226

8)   (0.00012%)
    of issued Class


9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class


11) Class of security

    ORDINARY SHARES

12) Price per share

    143p

13) Date of transaction

    5 FEBRUARY 2001

14) Date company informed

    28 FEBRUARY 2001

15) Total holding following this notification

    19,361 ORDINARY SHARES (THROUGH THE SCHRODER PEP)
    37,500 ORDINARY SHARES (REGISTERED)

16) Total percentage holding of issued class following this notification

    0.010
    0.018

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information

    DIRECTOR NOT YET INFORMED

24) Name of contact and telephone number for queries

    JOHN SPEDDING - TEL: [phone]

25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification         5 MARCH 2001