Interim Report and Accounts

SchroderJapan Growth Fund PLC
29 April 2005


                                                                   29 April 2005

                        2005 INTERIM REPORT AND ACCOUNTS

The Company has today submitted its Interim Report for the period ended 31
January 2005 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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