Purchase of Own Securities

Schroder UK Growth Fund PLC
7 March 2002





                                                                    7 March 2002





                      Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 6 March 2002 the Company purchased
a total of 75,000 shares for cancellation at a price of 104.50 pence per share.
Following this purchase, there are a further 178,484,746 shares in issue.





Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]







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