Purchase of Own Securities

Schroder UK Growth Fund PLC
27 February 2001


                                                              27 February 2001

                     Purchase of Shares For Cancellation

Schroder UK Growth Fund plc announces that on 26 February 2001, the Company
purchased a total of 50,000 shares for cancellation at a price of 130.50 pence
per share. Following these purchases, there are a further 193,400,263 shares
in issue.


Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]