Purchase of Own Securities

Schroder UK Growth Fund PLC
27 December 2000

Purchase of shares for cancellation

Schroder UK Growth Fund plc announces that on 20 December 2000, the Company
purchased a total of 60,000 shares for cancellation at a price of 135.50 pence
per share.  Following these purchases, there are a further 195,545,263 shares in
issue.



Purchase of shares for cancellation

Schroder UK Growth Fund plc announces that on 21 December 2000, the Company
purchased a total of 85,000 shares for cancellation at a price of 135.00 pence
per share.  Following these purchases, there are a further 195,460,263 shares in
issue.


Enquiries:

John Spedding                                       Tel:  [phone]
Schroder Investment Management Limited