Directors' Dealings

Schroder UK Growth Fund PLC
25 February 2000

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

     Schroder UK Growth Fund plc

2)  NAME OF DIRECTOR

     I Phillips

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a 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

     79

8)   (0.000037%)
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    Ordinary shares

12) Price per share

    146p

13) Date of transaction

    3 February 2000

14) Date company informed

    24 February 2000

15) Total holding following this notification

    6,952 Ordinary Shares

16) Total percentage holding of issued class following this notification

    0.0033

     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 0171 658 3206

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

    Date of Notification.......25 February 2000.......


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

     Schroder UK Growth Fund plc

2)  NAME OF DIRECTOR

    R Ireland

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a 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 E Ireland

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

     272

8)   (0.00013% )
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    Ordinary shares

12) Price per share

    146p

13) Date of transaction

    3 February 2000

14) Date company informed

    24 February 2000

15) Total holding following this notification

    23,920 Ordinary Shares

16) Total percentage holding of issued class following this notification

    0.0112

     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 0171 658 3206

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

    Date of Notification.......25 February 2000.......

                       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 Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a 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

     188

8)   (0.000088%)
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    Ordinary shares

12) Price per share

    146p

13) Date of transaction

    3 February 2000

14) Date company informed

    24 February 2000

15) Total holding following this notification

    16,523 Ordinary Shares

16) Total percentage holding of issued class following this notification

    0.008

     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 0171 658 3206

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

    Date of Notification.......25 February 2000.......

                       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 Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a 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

     215

8)   (0.0001%)
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    Ordinary shares

12) Price per share

    146p

13) Date of transaction

    3 February 2000

14) Date company informed

    24 February 2000

15) Total holding following this notification

    18,915 Ordinary Shares (through the Schroder PEP)
    37,500 Ordinary Shares (registered)

16) Total percentage holding of issued class following this notification

    0.009
    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 0171 658 3206

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

    Date of Notification.......25 February 2000.......