Purchase of Own Securities

Schroder UK Growth Fund PLC
25 February 2002


                                                                25 February 2002


                      Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 22 February 2002 the Company
purchased a total of 110,000 shares for cancellation at a price of 101.50 pence
per share. Following this purchase, there are a further 179,027,746 shares in
issue.


Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]



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