Portfolio Update

SchroderJapan Growth Fund PLC
03 November 2005



FOR IMMEDIATE RELEASE                   03 November-05



To : The London Stock Exchange



Schroder Japan Growth Fund plc


The Board of the Schroder Japan Growth Fund plc announces that the top ten
holdings as at 31st October 2005 are:-



Takeda Chemical                  5.79%

Mitsui                           5.79%

East Japan Railway               4.92%

Toyota Motor                     4.83%

Bridgestone                      3.82%

Mitsuibishi                      3.30%

Ricoh                            3.12%

Omron                            2.92%

Tachihi Enterprise               2.81%

Astellas Pharmaceuticals         2.39%




By Order of the Board


Schroder Investment Management Limited


Secretaries





Enquiries :           Anthony Carney  020 7658 2548

Schroder Japan  Growth Fund plc


                      This information is provided by RNS
            The company news service from the London Stock Exchange