Purchase of Own Securities

Schroder UK Growth Fund PLC
28 June 2000



               PURCHASE OF SHARES FOR CANCELLATION
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Schroder UK Growth Fund plc announces that on 27 June 2000, the Company
purchased 88,711 shares for cancellation, at a price of 147.40 pence per share.
Following the purchase, there are a further 204,465,584 shares in issue.

Enquiries:

John Spedding                           Tel: [phone]
Schroder Investment Management Limited