Net Asset Value(s)

SchroderJapan Growth Fund PLC
02 February 2007


FOR IMMEDIATE RELEASE                          02-Feb-07

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 Wednesday 31st January 2007  was 110.85 pence.




By Order of the Board
Schroder Investment Management Limited
Secretaries


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



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