Director Shareholding

Schroder UK Growth Fund PLC
09 February 2005

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



1. Name of company


Schroder UK Growth Fund plc


2. Name of director


K M Niven


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 and Spouse



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


Schroder Nominees Limited as a registered holder of shares in the Schroder 
PEP/ISA Plan



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


Notification includes Director's Wife - Mrs L A Niven



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


Dividend Reinvestment



7. Number of shares / amount of stock acquired


387



8. Percentage of issued class


0.0002%



9. Number of shares/amount of stock disposed


-



10. Percentage of issued class


-



11. Class of security


Ordinary shares



12. Price per share


101p



13. Date of transaction


31 January 2005



14. Date company informed


7 February 2005



15. Total holding following this notification


26,355 ordinary shares



16. Total percentage holding of issued class following this notification


0.0159%



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


Director not yet informed



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


9 February 2005



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