Purchase of Own Securities

Schroder UK Growth Fund PLC
25 February 2000


                 PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 24 February 2000, the Company
purchased 207,000 shares for cancellation, at a price of 140.50 pence per share.
 Following this purchase, there are a further 213,315,394 shares in issue.


Enquiries:

John Spedding
Schroder Investment Management Limited               Tel: [phone]