Purchase of Own Securities

Schroder UK Growth Fund PLC
2 March 2000



                    PURCHASE FOR SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 1 March 2000, the Company
purchased 257,692 shares for cancellation, at an average price of 145.89 
pence per share.  Following the purchase, there are a further 212,644,612,
shares in issue.


Enquiries:

John Spedding
Schroder Investment Management Limited            Tel: [phone]