Transaction in Own Shares

Schroder UK Growth Fund PLC
05 July 2006


                                                                     5 July 2006


Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 5 July 2006 the Company purchased
100,000 shares for cancellation at a price of 117.50 pence per share.  Following
this purchase, there are a further 163,175,900 shares in issue.







Enquiries:



John Spedding

Schroder Investment Management Limited
Tel: [phone]








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