Net Asset Value(s)

SchroderJapan Growth Fund PLC
16 February 2007

FOR IMMEDIATE RELEASE                                     16-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 Thursday 15th February 2007  was 115.67 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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