Purchase of Own Securities

Schroder UK Growth Fund PLC
2 May 2000


Purchase of Shares for Cancellation

Schroder UK Growth Fund plc announces that on 28 April 2000, the Company
purchased 30,828 shares for cancellation, at an average price of 145.52 pence
per share.  Following the purchase, there are a further 207,819,862 shares in
issue.

Enquiries:

John Spedding
Schroder Investment Management Limited              Tel:  [phone]