Purchase of Own Securities

Schroder UK Growth Fund PLC
20 March 2002



                                                                   20 March 2002




                      Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 19 March 2002 the Company
purchased a total of 95,000 shares for cancellation at a price of 105.50 pence
per share. Following this purchase, there are a further 177,819,746 shares in
issue.




Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]




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