Purchase of Own Securities

Schroder UK Growth Fund PLC
27 March 2001







                                                                 27 March 2001





                     Purchase of Shares For Cancellation




Schroder UK Growth Fund plc announces that on 26 March 2001, the Company
purchased a total of 135,000 shares for cancellation at a price of 118.50
pence per share. Following these purchases, there are a further 192,308,263
shares in issue.




Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]