Net Asset Value(s)

Schroder UK Growth Fund PLC
19 October 2005


FOR IMMEDIATE RELEASE                                    19-Oct-05


To : The London Stock Exchange


Schroder UK Growth Fund Plc


The Board of the Schroder UK Growth Fund Plc announces that the unaudited net
asset value per share as at Monday 17th October 2005  was 117.23 pence.


By Order of the Board


Schroder Investment Management Limited


Secretaries


Enquiries :

Anthony Carney                    0207- 658-2548

Schroder UK Growth Fund Plc



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