Purchase of Own Securities

Schroder UK Growth Fund PLC
15 March 2000


Purchase of Shares for Cancellation

Schroder UK Growth Fund plc announces that on 14 March 2000, the Company
purchased 141,112 shares for cancellation, at an average price of 158.22 pence
per share.  Following the purchase, there are a further 211,042,151 shares in
issue.

Enquiries:

John Spedding
Schroder Investment Management Limited        Tel: [phone]