Portfolio Update

Schroder UK Growth Fund PLC
02 February 2005

FOR IMMEDIATE RELEASE
                                 02 February 2005



To : The London Stock Exchange


Schroder UK Growth Fund plc


The Board of the Schroder UK Growth Fund plc announces that the top ten holdings
as at Monday 31st  January 2005 are:-



Vodafone                              7.59%

HSBC                                  7.58%

Schroder Institutional UK Sm Co Fund  6.00%

BP                                    5.68%

GlaxoSmithKline                       5.29%
                                 
Royal Bank of Scotland                5.06%

HBOS                                  3.21%

Shell Transport & Trading             3.14%

BG                                    3.02%

Tesco                                 3.00%




By Order of the Board


Schroder Investment Management Limited


Secretaries





Enquiries :
                        Charmaine Obeysekera 020 7658 6750

Schroder UK Growth Fund plc


                      This information is provided by RNS
            The company news service from the London Stock Exchange