Net Asset Value(s)

SchroderJapan Growth Fund PLC
22 December 2006



                22-Dec-06

            To : The London Stock Exchange


Schroder Japan Growth Fund Plc


The Board of Schroder Japan Growth Fund Plc announces that the unaudited net
asset value per share as at Thursday 21st December 2006  was 109.53 pence.


By Order of the Board
Schroder Investment Management Limited
Secretaries


Enquiries :     Tina Watts                         020-7658-3581
                Schroder Japan Growth Fund Plc






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