Purchase of Own Securities

Schroder UK Growth Fund PLC
27 June 2002


                                                                  27 June 2002


                      Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 26 June 2002 the Company purchased
a total of 115,000 shares for cancellation at a price of 85.50 pence per share.
Following this purchase, there are a further 171,676,746 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