Purchase of Own Securities

Schroder UK Growth Fund PLC
10 November 2000


                 PURCHASE OF SHARES FOR CANCELLATION

Schroder UK Growth Fund plc announces that on 9 November 2000, the Company
purchased 150,000 shares for cancellation, at a price of 144.50 pence per share.
 Following the purchase, there are a further 198,485,263 shares in issue.


Enquiries:

John Spedding
Schroder Investment Management Limited                 Tel: [phone]