Purchase of Own Securities

Schroder UK Growth Fund PLC
2 April 2001




                                                                  2 April 2001




                     Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 30 March 2001, the Company
purchased a total of 80,000 shares for cancellation at a price of 120.00 pence
per share. Following these purchases, there are a further 192,123,263 shares
in issue.




Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]