Portfolio Update

Schroder UK Growth Fund PLC
02 November 2007


                          Schroder UK Growth Fund plc


The Board of Schroder UK Growth Fund plc announces that the top ten holdings as
a percentage of net assets at Wednesday 31 October 2007 are:


BP                                                                       6.19
BG Group                                                                 5.95
Xstrata PLC                                                              5.55
Standard Chartered                                                       5.54
Barclays Ord                                                             5.18
Royal Bank of Scotland                                                   4.96
Reuters Group                                                            4.65
BHP Billiton                                                             4.45
Invensys Ord                                                             4.24
Resolution Group                                                         4.01


                             By Order of the Board

                     Schroder Investment Management Limited

                               Company Secretary

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Enquiries :

Schroder UK Growth Fund plc

Tina Watts 020 7658 3581


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