Purchase of Own Securities

Schroder UK Growth Fund PLC
19 March 2002




                                                                   19 March 2002


                      Purchase of Shares For Cancellation


Schroder UK Growth Fund plc announces that on 18 March 2002 the Company
purchased a total of 80,000 shares for cancellation at a price of 105.00 pence
per share. Following this purchase, there are a further 177,914,746 shares in
issue.


Enquiries:

John Spedding

Schroder Investment Management Limited          Tel: [phone]







                      This information is provided by RNS
            The company news service from the London Stock Exchange