Net Asset Value(s)

SchroderJapan Growth Fund PLC
27 January 2006


                                         27-Jan-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 26th January 2006  was 122.03 pence.

By Order of the Board
Schroder Investment Management Limited
Secretaries


Enquiries :
                                  Anthony Carney                020-7658-2548
Schroder Japan Growth Fund Plc






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