Purchase of Own Securities

Schroder UK Growth Fund PLC
19 June 2001




                                                                  19 June 2001



                     Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 18 June 2001, the Company
purchased a total of 170,000 shares for cancellation at a price of 118.50
pence per share. Following this purchase, there are a further 188,765,263
shares in issue.




Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]