24 February 2017

PURCHASE OF OWN SHARES

Schroder UK Growth Fund plc (the "Company") announces that on 24 February 2017 the Company purchased 150,000 ordinary shares at a price of 170.825p per share, to be held in treasury.

Following this purchase, the Company's issued share capital consists of 157,278,184    ordinary shares of 25p each, and an additional 3,639,000 ordinary shares held in treasury. Accordingly, the total number of voting rights in the Company is 157,278,184.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries:

Louise Richard

Schroder Investment Management Limited                                       

Tel: 020 7658 6501