Purchase of Own Securities

Schroder UK Growth Fund PLC
17 August 2000

Purchase of Shares For Cancellation 

Schroder UK Growth Fund plc announces that on 17 August 2000, the Company
purchased 197,255 shares for cancellation, at a price of 149.50 pence per share.
 Following the purchase, there are a further 202,827,374 shares in issue.

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