Net Asset Value(s)

SchroderJapan Growth Fund PLC
20 September 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 Wednesday 19
September was 102.85 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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