Net Asset Value(s)

Oryx International Growth Fund Ld
02 October 2006



                     ORYX INTERNATIONAL GROWTH FUND LIMITED


                     UPLIFT IN VALUE OF UNQUOTED PORTFOLIO


The Board of Oryx International Growth Fund Limited announces an uplift in value
of its unquoted portfolio.


A significant number of the Fund's unquoted investments are currently in various
stages of discussions to be acquired at significantly higher than their carrying
values at 31st August 2006.


The Board have reviewed the unquoted portfolio in line with its obligations
under the Fair Value Accounting Standard and consequently have increased the
value of that unquoted portfolio by 19p per share as at 30th September 2006.


Contact:

Christopher H.B. Mills

North Atlantic Value LLP, Manager and investment adviser to
Oryx International Growth Fund Limited

020 7747 5601


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