Purchase of Own Securities

Schroder UK Growth Fund PLC
15 February 2000


PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 14 February 2000, the Company
purchased 151,532 shares for cancellation, at a price of 136.50 pence per share.
 Following the purchase, there are a further 213,883,832 shares in issue.

Enquiries:

John Spedding
Schroder Investment Management Limited         Tel:  [phone]