Dividend Declaration

Schroder UK Growth Fund PLC
31 December 2007

                                                                31 December 2007


                             
                             FIRST INTERIM DIVIDEND

The Directors of the Company have declared the payment of a first interim
dividend for the year ending 30 April 2008.  The first interim dividend will be
payable on 31 January 2008 to shareholders on the register on 11 January 2008.



Ex-Dividend Date:                     9 January 2008

Record Date:                          11 January 2008

Dividend Warrants:                    30 January 2008

Payment Date:                         31 January 2008

Dividend per Share:                   1.65p net





Enquiries:



John Spedding
Schroder Investment Management Limited     Tel: [phone]








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