Transaction in Own Shares

Schroder UK Growth Fund PLC
23 June 2006





                                                                    23 June 2006



Purchase of Shares For Cancellation





Schroder UK Growth Fund plc announces that on 23 June 2006 the Company purchased
30,000 shares for cancellation at a price of 115.50 pence per share.  Following
this purchase, there are a further 163,300,900 shares in issue.





Enquiries:



John Spedding

Schroder Investment Management Limited      Tel: [phone]








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