Transaction in Own Shares

Schroder UK Growth Fund PLC
12 April 2007





                                                                   12 April 2007


                              Purchase of own Shares



Schroder UK Growth Fund plc (the 'Company') announces that on 12 April 2007 the
Company purchased 500,000 shares at a price of 1.40 pence per share to be held
in treasury.  The number of shares in issue is 159,925,900 (excluding 3,750,000
shares held in treasury).



Enquiries:

John Spedding

Schroder Investment Management Limited  Tel: [phone]





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