Purchase of Own Securities

Schroder UK Growth Fund PLC
13 September 2002

                                                               13 September 2002

                      Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 12 September 2002 the Company
purchased a total of 70,000 shares for cancellation at a price of 76.50 pence
per share. Following this purchase, there are a further 170,018,746 shares in
issue.



Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]






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