Purchase of Own Securities

Schroder UK Growth Fund PLC
20 April 2001




                                                                 20 April 2001



                     Purchase of Shares For Cancellation




Schroder UK Growth Fund plc announces that on 19 April 2001, the Company
purchased a total of 65,000 shares for cancellation at a price of 123.50 pence
per share. Following this purchase, there are a further 191,510,263 shares in
issue.



Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]