Purchase of Own Securities

Schroder UK Growth Fund PLC
30 June 2000


                     Purchase of Shares for Cancellation


Schroder UK Growth Fund plc announces that on 29 June 2000, the Company
purchased 126,000 shares for cancellation, at a price of 143.91 pence per share.
 Following the purchase, there are a further 204,339,584 shares in issue.



Enquiries:

John Spedding 
Schroder Investment Management Limited                   Tel: [phone]