Purchase of Own Securities

Schroder UK Growth Fund PLC
13 January 2000



PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 12 January 2000, the Company
purchased 432,172 shares for cancellation, at a price of 145.50 pence per share.

Following the purchase, there are a further 217,430,349 shares in issue.

Enquiries:

John Spedding Schroder Investment Management Limited - Tel: [phone]