Purchase of Own Securities

Schroder UK Growth Fund PLC
12 June 2000


PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 9 June 2000, the Company purchased
179,288 shares for cancellation, at an average price of 149.39 pence per share. 
Following the purchase, there are a further 205,650,793 shares in issue.

Enquiries:

John Spedding
Schroder Investment Management Limited               
Tel:  [phone]