Purchase of Own Securities

Schroder UK Growth Fund PLC
20 April 2000

                      PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund Plc announces that on 19 April 2000, the Company 
purchased 12,016 shares for cancellation, at a price of 147.50 pence per share.
Following the purchase, there are a further 207,979,953 shares in issue.

Enquiries:
John Spedding
Tel: [phone]