Purchase of Own Securities

Schroder UK Growth Fund PLC
28 February 2001


                                                              28 February 2001


                     Purchase of Shares For Cancellation

Schroder UK Growth Fund plc announces that on 27 February 2001, the Company
purchased a total of 180,000 shares for cancellation at a price of 130.50
pence per share. Following these purchases, there are a further 193,220,263
shares in issue.

Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]