Purchase of Own Securities

Schroder UK Growth Fund PLC
6 January 2000



PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 5 January 2000, the Company
purchased 965,000 shares for cancellation, at an average price of 145.36 pence
per share.  Following the purchases, there are a further 218,289,207 shares in
issue.

Enquiries:

John Spedding
Schroder Investment Management Limited              Tel:  [phone]