Purchase of Own Securities

Schroder UK Growth Fund PLC
27 January 2000


PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 26 January 2000, the Company
purchased 217,345 shares for cancellation, at a price of 144.50 pence per share.
 Following the purchase, there are a further 214,524,547 shares in issue.

Enquiries:
John Spedding
Schroder Investment Management Limited          Tel: [phone]