Purchase of Own Securities

Schroder UK Growth Fund PLC
18 April 2002


                                                                   18 April 2002

                      Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 17 April 2002 the Company
purchased a total of 60,000 shares for cancellation at a price of 103.00 pence
per share. Following this purchase, there are a further 176,386,746 shares in
issue.



Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]




                      This information is provided by RNS
            The company news service from the London Stock Exchange