Holding(s) in Company

Oryx International Growth Fund Ld
26 November 2004


                              COMPANY ANNOUNCEMENT

For immediate release

                                                              26th November 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:               Asset Value Investors Limited

Registered Name:                 Chase Nominees

Resultant Holding:               NIL ordinary shares

Percentage of Share Capital:     0%

Date of Notification:            26th November 2004

Following the sale of 1,350,000 Ordinary shares, Asset Value Investors no longer
have an interest in the Company.

Enquiries:

Tamsin Hooton

Management International (Guernsey) Limited

+ 44 (0) 1481 707088


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