Purchase of Own Securities

Schroder UK Growth Fund PLC
19 April 2002





                                                                   19 April 2002

                      Purchase of Shares For Cancellation

Schroder UK Growth Fund plc announces that on 18 April 2002 the Company
purchased a total of 95,000 shares for cancellation at a price of 103.50 pence
per share. Following this purchase, there are a further 176,291,746 shares in
issue.


Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]


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