Purchase of Own Securities

Schroder UK Growth Fund PLC
1 September 2000



PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 24 August 2000, the Company
purchased 66,000 shares for cancellation, at a price of 151.00 pence per share.
Following the purchase, there are a further 202,282,123 shares in issue.

Enquiries:

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