Transaction in Own Shares

Schroder UK Growth Fund PLC
06 June 2006


                                                                     6 June 2006


                       PURCHASE OF SHARES FOR CANCELLATION


Schroder UK Growth Fund plc announces that on 6 June 2006 the Company purchased
100,000 shares for cancellation at a price of 116.93 pence per share.  Following
this purchase, there are a further 163,620,900 shares in issue.

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Enquiries:



Louise Richard

Schroder Investment Management Limited       Tel: [phone]



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