Interim Report

SchroderJapan Growth Fund PLC
12 May 2004


                                                                     12 May 2004



Interim Report to 31 January 2004

Schroder Japan Growth Fund plc has today submitted its Interim Report to 31
January 2004 to the UK Listing Authority. The Report will shortly be available
for inspection at the UK Listing Authority's Document Viewing Facility, which is
situated at:



Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS


Telephone number: 020 7676 1000






Enquiries:

John Spedding
Schroder Investment Management Limited             Tel: [phone]



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