Purchase of Own Securities

Schroder UK Growth Fund PLC
12 April 2000

PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 11 April 2000, the Company
purchased 44,208 shares for cancellation, at a price of 147.50 pence per share.
Following the purchase, there are a further 208,435,293 shares in issue.

Enquiries:

John Spedding
Schroder Investment Management Limited
Tel: [phone]