Purchase of Own Securities

Schroder UK Growth Fund PLC
16 June 2000




                         PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 15 June 2000, the Company
purchased 141,998 shares for cancellation, at a price of 152.50 pence per share.
 Following the purchase, there are a further 205,200,528 shares in isssue.



Enquiries:

John Spedding
Tel:  [phone]
Schroder Investment Management Limited