Purchase of Own Securities

Schroder UK Growth Fund PLC
8 June 2001

                                                                   8 June 2001


                     Purchase of Shares For Cancellation

Schroder UK Growth Fund plc announces that on 7 June 2001, the Company
purchased a total of 145,000 shares for cancellation at a price of 126.50
pence per share. Following this purchase, there are a further 189,675,263
shares in issue.


Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]