Purchase of Own Securities

Schroder UK Growth Fund PLC
28 November 2001

                                                              28 November 2001


                     Purchase of Shares For Cancellation

Schroder UK Growth Fund plc announces that on 27 November 2001 the Company
purchased a total of 65,000 shares for cancellation at a price of 110.00 pence
per share. Following this purchase, there are a further 180,210,746 shares in
issue.


Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]