Purchase of Own Securities

Schroder UK Growth Fund PLC
6 March 2000


                     PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 3 March 2000, the Company
purchased 177,755 shares for cancellation, at an average price of 150.59 
pence per share. Following the purchase, there are a further 212,190,958
shares in issue.

Enquiries:

John Spedding
Schroder Investment Management Limited                Tel: [phone]