Purchase of Own Securities

Schroder UK Growth Fund PLC
13 June 2000


                    PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 12 June 2000, the Company
purchased 118,573 shares for cancellation, at an average price of 151.27 pence
per share.  Following the purchase, there are a further 205,532,220 shares in
issue.

Enquiries:

John Spedding                          Tel:  [phone]
Schroder Investment Management Limited