Holding(s) in Company

Oryx International Growth Fund Ld
06 October 2004





                              COMPANY ANNOUNCEMENT



For immediate release
                                                         6th October 2004

                     Oryx International Growth Fund Limited

                 Re: Section 198 Companies Act 1985 as amended

The Board of Directors of Oryx International Growth Fund Limited announce that
pursuant to Section 198 Companies Act 1985:

Interested Person:               ING Bank N.V. London Branch

Registered Name:                 as above

Resultant Holding:               305,000 ordinary shares

Percentage of Share Capital:     3.04%

Date of Notification:            6th October 2004

Enquiries:

Tamsin Hooton

Management International (Guernsey) Limited

+ 44 (0) 1481 707088


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