Transaction in Own Shares

Schroder UK Growth Fund PLC
30 May 2006




                                                                     30 May 2006



                         Purchase of Shares For Cancellation



Schroder UK Growth Fund plc announces that on 30 May 2006 the Company purchased
100,000 shares for cancellation at a price of 117.0625 pence per share.
Following this purchase, there are a further 164,045,900 shares in issue.



Enquiries:



Louise Richard
Schroder Investment Management Limited                  Tel: [phone]








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