Purchase of Own Securities

Schroder UK Growth Fund PLC
13 September 2000


Purchase Of Shares For Cancellation

Schroder UK Growth Fund plc announces that on 12 September 2000, the Company
purchased 78,000 shares for cancellation, at a price of 152.50 pence per share.
Following the purchase, there are a further 201,860,263 shares in issue.

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