Net Asset Value(s)

SchroderJapan Growth Fund PLC
09 July 2007




                         Schroder Japan Growth Fund plc


The Board of Schroder Japan Growth Fund plc announces that the unaudited net
asset value per share, excluding any accrued income, as at Friday 06 July was
110.19 pence.


                             By Order of the Board
                     Schroder Investment Management Limited
                               Company Secretary



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Enquiries :

Schroder Japan Growth Fund plc
Tina Watts 020 7658 3581


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