Purchase of Own Securities

Schroder UK Growth Fund PLC
7 January 2000



          PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 6 January 2000, the Company
purchased 84,000 shares for cancellation, at a price of 144.50 pence per share.
Following the purchases, there are a further 218,205,207 shares in issue.


Enquiries:   

John Spedding, Schroder Investment Management Limited  Tel: [phone]