Transaction in Own Shares

Schroder UK Growth Fund PLC
05 June 2006



                                                                     5 June 2006


                    PURCHASE OF SHARES FOR CANCELLATION



Schroder UK Growth Fund plc announces that on 5 June 2006 the Company purchased
125,000 shares for cancellation at a price of 118.625 pence per share.
Following this purchase, there are a further 163,720,900 shares in issue.



Enquiries:


Louise Richard
Schroder Investment Management Limited            Tel: [phone]






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