Purchase of Own Securities

Schroder UK Growth Fund PLC
14 August 2001




                                                                14 August 2001









                     Purchase of Shares For Cancellation



Schroder UK Growth Fund plc announces that on 13 August 2001, the Company
purchased a total of 200,000 shares for cancellation at a price of 112.50
pence per share. Following this purchase, there are a further 185,282,263
shares in issue.









Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]