Purchase of Own Securities

Schroder UK Growth Fund PLC
10 April 2002


                                                                   10 April 2002


                      Purchase of Shares For Cancellation

Schroder UK Growth Fund plc announces that on 9 April 2002 the Company purchased
a total of 125,000 shares for cancellation at a price of 102.00 pence per share.
Following this purchase, there are a further 176,856,746 shares in issue.

Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]


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