Purchase of Own Securities

Schroder UK Growth Fund PLC
12 April 2002


                                                                  12 April 2002


                      Purchase of Shares For Cancellation

Schroder UK Growth Fund plc announces that on 11 April 2002 the Company
purchased a total of 45,000 shares for cancellation at a price of 102.50 pence
per share. Following this purchase, there are a further 176,716,746 shares in
issue.

Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]


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