Purchase of Own Securities

Schroder UK Growth Fund PLC
17 April 2000



                    PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 14 April 2000, the Company
purchased 97,822 shares for cancellation, at an average price of 146.94 pence
per share.  Following the purchase, there are a further 208,158,970 shares in
issue.

Enquiries:

John Spedding
Schroder Investment Management Limited              Tel: [phone]