Directors' Dealings

Schroder UK Growth Fund PLC


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    SCHRODER UK GROWTH FUND PLC


2)  NAME OF DIRECTOR

    SIMON JAMES TITCOMB


3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    DIRECTOR


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

    SMITH AND WILLIAMSON NOMINEES LIMITED


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

    DIRECTOR'S PENSION FUND


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

    80,000


8)   (0.036%)
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    ORDINARY SHARES


12) Price per share

    156P


13) Date of transaction

    13 MARCH 2000


14) Date company informed

    14 MARCH 2000


15) Total holding following this notification

    102,346 ORDINARY SHARES


16) Total percentage holding of issued class following this notification

    0.048


     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
    0171 658 3206


25) Name and signature of authorised company official responsible for
    making this notification


    Date of Notification  14 MARCH 2000