OIG Oryx International Growth Fund Ltd

RNS Number:1065K
North Atlantic Value LLP
06 October 2006


                                                                   FORM 8.1

          DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES
                  FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS
                 (Rules 8.1(a) and (b)(i) of the Takeover Code)

1.         KEY INFORMATION

Name of person dealing (Note 1)                NORTH ATLANTIC VALUE LLP

Company dealt in                               ORYX INTERNATIONAL GROWTH FUND LIMITED

Class of relevant security to which the        'C' SHARES
dealings being disclosed relate (Note 2)

Date of dealing                                5 OCTOBER 2006


2.         INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)        Interests and short positions (following dealing) in the class of
relevant security dealt in (Note 3)
                                                             Long                              Short
                                               Number             (%)           Number                 (%)

(1) Relevant securities                        3,251,288          12.35

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell

Total                                          3,251,288          12.35


(b)        Interests and short positions in relevant securities of the company,
other than the class dealt in (Note 3)


Class of relevant security:                                  Long                              Short
ORDINARY SHARES OF 50p EACH                    Number                (%)        Number                 (%)

(1) Relevant securities                        3,114,000          29.20

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell

Total                                          3,114,000          29.20


(c)        Rights to subscribe (Note 3)

Class of relevant security:                    Details


3.         DEALINGS (Note 4)

(a)        Purchases and sales

Purchase/sale                          Number of securities                  Price per unit (Note 5)

PURCHASE                               759,597                               95p



(b)        Derivatives transactions (other than options)

Product name,         Long/short (Note 6)       Number of securities (Note 7)        Price per unit (Note 5)
e.g. CFD





(c)        Options transactions in respect of existing securities

(i)         Writing, selling, purchasing or varying


Product name,         Writing, selling, Number of securities  Exercise   Type, e.g.      Expiry     Option money
                        purchasing,     to which the option              American,
e.g. call option      varying etc.      relates (Note 7)      price      European etc.   date       paid/received per
                                                                                                    unit (Note 5)



(ii)        Exercising

Product name, e.g. call option         Number of securities                  Exercise price per unit (Note 5)



(d)        Other dealings (including new securities) (Note 4)


Nature of transaction (Note 8)         Details                               Price per unit (if applicable) (Note 5)




4.         OTHER INFORMATION



Agreements, arrangements or understandings relating to options or derivatives



Full details of any agreement, arrangement or understanding between the person
disclosing and any other person relating to the voting rights of any relevant
securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any
derivative referred to on this form is referenced.  If none, this should be
stated.

NORTH ATLANTIC VALUE LLP ACTS AS INVESTMENT MANAGER OF NORTH ATLANTIC SMALLER
COMPANIES INVESTMENT TRUST PLC AND DISCRETIONARY INVESTMENT MANAGER FOR A NUMBER
OF PRIVATE CLIENTS.


Is a Supplemental Form 8 attached? (Note 9)            NO


Date of disclosure                                                6 OCTOBER 2006

Contact name                                                      BONITA GUNTRIP

Telephone number                                                  020 7747 5681

Name of offeree/offeror with which associated                     N/A

Specify category and nature of associate status (Note 10)         N/A



Notes

The Notes on Form 8.1 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk




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

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