Purchase of Own Securities

Schroder UK Growth Fund PLC
21 March 2000



PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 20 March 2000, 
the Company purchased 356,845 shares for cancellation, at a 
price of 162.50 pence per share.  Following the purchase, 
there are a further 209,718,438 shares in issue.

Enquiries:

John Spedding
Schroder Investment Management Limited          Tel: [phone]