Purchase of Own Securities

Schroder UK Growth Fund PLC
26 February 2001





                                                              26 February 2001




                     Purchase of Shares For Cancellation



Schroder UK Growth Fund plc announces that on 23 February 2001, the Company
purchased a total of 95,000 shares for cancellation at a price of 130.00 pence
per share. Following these purchases, there are a further 193,450,263 shares
in issue.




Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]