Purchase of Own Securities

Schroder UK Growth Fund PLC
11 June 2001


                                                                  11 June 2001


                     Purchase of Shares For Cancellation

Schroder UK Growth Fund plc announces that on 8 June 2001, the Company
purchased a total of 105,000 shares for cancellation at a price of 124.50
pence per share. Following this purchase, there are a further 189,570,263
shares in issue.


Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]