Purchase of Own Securities

Schroder UK Growth Fund PLC 21 December 1999 Purchase of shares for cancellation Schroder UK Growth Fund Plc announces that on 20 December 1999, the Company purchased 132,000 shares for cancellation, at a price of 143.50 pence per share. Following the purchases, there are a further 220,906,946 shares in issue. Enquiries: John Spedding Schroder Investment Management Limited Tel: 0171 658 3206
UK 100

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