Purchase of Own Securities

Schroder UK Growth Fund PLC
6 June 2002



                                                                     6 June 2002


                      Purchase of Shares For Cancellation

Schroder UK Growth Fund plc announces that on 5 June 2002 the Company purchased
a total of 59,000 shares for cancellation at a price of 99.00 pence per share.
Following this purchase, there are a further 171,998,746 shares in issue.


Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]



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