Purchase of Own Securities

Schroder UK Growth Fund PLC
6 June 2001


                                                                   6 June 2001



                     Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 5 June 2001, the Company
purchased a total of 145,000 shares for cancellation at a price of 124.50
pence per share. Following this purchase, there are a further 190,085,263
shares in issue.



Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]