Purchase of Own Securities

Schroder UK Growth Fund PLC
4 April 2001



                                                                  4 April 2001







                     Purchase of Shares For Cancellation




Schroder UK Growth Fund plc announces that on 2 April 2001, the Company
purchased a total of 100,000 shares for cancellation at a price of 119.50
pence per share, and on 3 April 2001, the Company purchased a total of 73,000
shares for cancellation at a price of 115.50 pence per share. Following these
purchases, there are a further 191,950,263 shares in issue.







Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]