Purchase of Own Securities

Schroder UK Growth Fund PLC
5 April 2000

                    Purchase of Shares for Cancellation

Schroder UK Growth Fund plc announces that on 4 April 2000, the Company
purchased 155,197 shares for cancellation, at an average price of 153.92 pence
per share.  Following the purchase, there are a further 208,647,312 shares in
issue.

Enquiries:

John Spedding                                       Tel:  [phone]
Schroder Investment Management Limited