Purchase of Own Securities

Schroder UK Growth Fund PLC
1 February 2000



          PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 1 February 2000, the Company
purchased 121,200 shares for cancellation, at a price of 144.50 pence per share.
 Following the purchase, there are a further 214,035,364 shares in issue.





Enquiries:

John Spedding                                     Tel: [phone]
Schroder Investment Management Limited