Purchase of Own Securities

Schroder UK Growth Fund PLC
28 January 2000

PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 27 January 2000, the Company
purchased 142,344 shares for cancellation, at a price of 145.50 pence per share.
 Following the purchase, there are a further 214,382,203 shares in issue. 

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