Purchase of Own Securities

Schroder UK Growth Fund PLC
5 March 2002

                                                                    5 March 2002


                      Purchase of Shares For Cancellation




Schroder UK Growth Fund plc announces that on 4 March 2002 the Company purchased
a total of 98,000 shares for cancellation at a price of 106.50 pence per share.
Following this purchase, there are a further 178,559,746 shares in issue.



Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]







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