Purchase of Own Securities

Schroder UK Growth Fund PLC
7 April 2000


                         PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 6 April 2000, the Company
purchased 27,465 shares for cancellation, at an average price of 149.82 pence
per share.  Following the purchase, there are a further 208,576,080 shares in
issue.

Enquiries:

John Spedding
Schroder Investment Management Limited               Tel: [phone]