Net Asset Value(s)

SchroderJapan Growth Fund PLC
28 July 2006

                28-Jul-06


To : The London Stock Exchange


Schroder Japan Growth Fund Plc


The Board of Schroder Japan Growth Fund Plc announces that the unaudited net
asset value per share as at Thursday 27th July 2006  was 110.55 pence.





By Order of the Board
Schroder Investment Management Limited
Secretaries




Enquiries :                         Terry Croft                   020-7658-3953
Schroder Japan Growth Fund Plc



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