Purchase of Own Securities

Schroder UK Growth Fund PLC
29 February 2000



                      PURCHASE OF SHARE FOR CANCELLATION


Schroder UK Growth Fund plc announces that on 28 February 2000, the Company
purchased 177,593 shares for cancellation, at a price of 139.50 pence per share.
 Following the purchase, there are a further 213,103,571 shares in issue.


Enquiries:

John Spedding
Schroder Investment Management Limited                    Tel: [phone]