Transaction in Own Shares

Schroder UK Growth Fund PLC
02 June 2006
            
                                                                     2 June 2006

                    PURCHASE OF SHARES FOR CANCELLATION


Schroder UK Growth Fund plc announces that on 2 June 2006 the Company purchased
100,000 shares for cancellation at a price of 118.50 pence per share.  Following
this purchase, there are a further 163,845,900 shares in issue.


Enquiries:

Louise Richard
Schroder Investment Management Limited            Tel: [phone]








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