Purchase of Own Securities

Schroder UK Growth Fund PLC
15 March 2001








                                                                 15 March 2001






                     Purchase of Shares For Cancellation




Schroder UK Growth Fund plc announces that on 14 March 2001, the Company
purchased a total of 30,000 shares for cancellation at a price of 122.00 pence
per share. Following these purchases, there are a further 193,040,263 shares
in issue.







Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]