Purchase of Own Securities

Schroder UK Growth Fund PLC
12 April 2001






                                                                 12 April 2001





                     Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 11 April 2001, the Company
purchased a total of 160,000 shares for cancellation at a price of 122.00
pence per share. Following these purchases, there are a further 191,690,263
shares in issue.







Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]