Net Asset Value(s)

SchroderJapan Growth Fund PLC
18 December 2006


                18-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 14th December 2006  was 108.69 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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