Purchase of Own Securities

Schroder UK Growth Fund PLC
10 September 2001



                                                             10 September 2001


                     Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 7 September 2001, the Company
purchased a total of 50,000 shares for cancellation at a price of 105.00 pence
per share. Following this purchase, there are a further 184,022,263 shares in
issue.










Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]