Portfolio Update

Schroder UK Growth Fund PLC
03 November 2005

FOR IMMEDIATE RELEASE                                               03 Nov 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 Friday 31st October 2005 are:-


Vodafone                                     7.81%

BP                                           7.73%

HSBC                                         7.29%

Glaxosmithkline                              6.30%

Schroder Inst. UK Sm. Co. Fund               5.65%

Royal Bank of Scotland                       4.53%

Royal Dutch Shell                            3.94%

BG                                           3.94%

Rio Tinto                                    3.54%

HBOS                                         3.01%


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