Director Shareholding

Schroder UK Growth Fund PLC
06 August 2004


                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

   Schroder UK Growth Fund plc

2. Name of director

   David Ritchie

3. Please state whether notification indicates that it is in respect of holding
   of the shareholder named in 2 above or in respect of a non-beneficial interest
   or in the case of an individual holder if it is a holding of that person's
   spouse or children under the age of 18 or in respect of a non-beneficial
   interest

   Director as beneficial owner under a self-invested personal pension account.

4. Name of the registered holder(s) and, if more than one holder, the number of
   shares held by each of them (if notified)

   
5. Please state whether notification relates to a person(s) connected with the
   director named in 2 above and identify the connected person(s)

   N/A

6. Please state the nature of the transaction. For PEP transactions please
   indicate whether general/single co PEP and if discretionary/non discretionary

   Market purchase.


7. Number of shares / amount of stock acquired

   10,000


8. Percentage of issued class

   0.006%


9. Number of shares/amount of stock disposed

   -

10.Percentage of issued class

    -

11.Class of security

   Ordinary shares


12.Price per share

   89.90p

13.Date of transaction

   5 August 2004

14.Date company informed

   5 August 2004

15.Total holding following this notification

   20,000 ordinary shares


16.Total percentage holding of issued class following this notification

   0.012%

If a director has been granted options by the company please complete the
following boxes.

17.Date of grant

    -

18.Period during which or date on which exercisable

    -

19.Total amount paid (if any) for grant of the option

    -

20.Description of shares or debentures involved: class, number

    -

21.Exercise price (if fixed at time of grant) or indication that price is to be
   fixed at time of exercise

   -

22.Total number of shares or debentures over which options held following this
   notification

   -

23.Any additional information

   -

24.Name of contact and telephone number for queries

John Spedding - 020 7658 3206

25.Name and signature of authorised company official responsible for making
   this notification
   
   John Spedding

Date of Notification
   
   6 August 2004

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