Transaction in Own Shares

Schroder UK Growth Fund PLC
21 April 2006



                                                                   21 April 2006


Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 21 April 2006 the Company
purchased 500,000 shares for cancellation at a price of 125.25 pence per share.
Following this purchase, there are a further 164,145,900 shares in issue.



Enquiries:

John Spedding
Schroder Investment Management Limited     Tel: [phone]





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