Purchase of Own Securities

Schroder UK Growth Fund PLC
10 April 2000

PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 7 April 2000, the Company
purchased 39,732 shares for cancellation, at an average price of 149.50 pence
per share.  Following the purchase, there are a further 208,536,348 shares in
issue.

Enquiries:

John Spedding
Schroder Investment Management Limited      Tel: [phone]