Purchase of Own Securities

Schroder UK Growth Fund PLC
16 August 2000



PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 15 August 2000, the Company
purchased 87,088 shares for cancellation, at a price of 148.50 pence per share.
Following the purchase, there are a further 203,024,629 shares in issue.


Enquiries:

John Spedding
Schroder Investment Management Limited          Tel: [phone]