Portfolio Update

Schroder UK Growth Fund PLC
02 November 2006

FOR IMMEDIATE RELEASE                                    02 November 2006



To : The London Stock Exchange





Schroder UK Growth Fund plc





The Board of the Schroder UK Growth Fund plc announces that the top ten holdings
as at 31st October 2006 are:-



HSBC                                                     7.47%

BP                                                       6.90%

Glaxosmithkline                                          5.98%

Vodafone                                                 5.49%

Royal Bank of Scotland                                   5.21%

BG                                                       4.61%

Royal Dutch Shell                                        4.48%

Rio Tinto                                                4.05%

HBOS                                                     3.85%

Schroder Inst. UK Sm. Co. Fund                           3.39%






By Order of the Board


Schroder Investment Management Limited


Secretaries





Enquiries :
                        Tina Watts  020 7658 3581

                        Schroder UK Growth Fund plc


                      This information is provided by RNS
            The company news service from the London Stock Exchange