Holding(s) in Company

Schroder UK Growth Fund PLC
31 August 2007


TR-1(i):               Notification of major interests in shares


1. Identity of the issuer or the underlying issuer of existing         Schroder UK Growth Fund Plc
shares to which voting rights are attached(ii):
2. Reason for the notification (please tick the appropriate box or boxes):

N/A see additional information
An acquisition or disposal of voting rights                                                   X
An acquisition or disposal of financial instruments which may result in the acquisition of
shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other - Reconfirmation of holding under the DTR
3. Full name of person(s) subject to the notification obligation              Barclays PLC
(iii):
4. Full name of shareholder(s) (if different from 3.)(iv):       Barclays Bank Trust Company Ltd




                                                                 Barclays Global Investors Ltd

                                                                 Barclays Life Assurance Co Ltd

                                                                 Barclays Private Bank & Trust Ltd

                                                                 Barclays Stockbrokers Ltd

                                                                 Gerrard Investment Management Ltd
5. Date of the transaction and date on which the threshold is                   24/08/07
crossed or reached(v):
6. Date on which issuer notified:                                              28/08/07
7. Threshold(s) that is/are crossed or reached:                                 4% to 3%
8. Notified details:


A: Voting rights attached to shares
Class/type of    Situation previous to Resulting situation after the triggering transaction(vii)
shares           the Triggering
                 transaction (vi)
 if possible     Number of  Number of  Number of    Number of voting rights   % of voting rights
using the ISIN   Shares     Voting     shares       ix
CODE                        Rights
                            viii       Direct       Direct  x    Indirect xi  Direct       Indirect

Ordinary Share   6,627,425             6,018,095    0            6,018,095    0%           3.84%
of 25p each      6,627,425

GB0007913485


B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument           xiii            Period/ Date xiv          that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.
           N/A


Total (A+B)
Number of voting rights                            % of voting rights
                    
6,018,095                                              3.84%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable xv:
Barclays Bank Trust Company Ltd


Barclays Global Investors Ltd

Barclays Life Assurance Co Ltd

Barclays Private Bank & Trust Ltd

Barclays Stockbrokers Ltd

Gerrard Investment Management Ltd


Proxy Voting:
10. Name of the proxy holder:                                                       N/A
11. Number of voting rights proxy holder will cease to hold:                        N/A
12. Date on which proxy holder will cease to hold voting rights:                    N/A


13. Additional information:                  Notification using the total voting rights figure of 156,526,900

                                                                   Date: 31 August 2007
14. Contact name:                                                     John Spedding
15. Contact telephone number:                                         020 7658 3206



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