Transaction in Own Shares

Schroder UK Growth Fund PLC
08 June 2006




                                                                    8 June 2006



Purchase of Shares For Cancellation

Schroder UK Growth Fund plc announces that on 8 June 2006 the Company purchased
40,000 shares for cancellation at a price of 114.33 pence per share.  Following
this purchase, there are a further 163,580,900 shares in issue.



Enquiries:


Louise Richard
Schroder Investment Management Limited                     Tel: [phone]



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