Purchase of Own Securities

Schroder UK Growth Fund PLC
19 March 2001





                                                                 19 March 2001





                     Purchase of Shares For Cancellation




Schroder UK Growth Fund plc announces that on 16 March 2001, the Company
purchased a total of 130,000 shares for cancellation at a price of 120.50
pence per share. Following these purchases, there are a further 192,810,263
shares in issue.



Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]