Cancellation of C Shares

Oryx International Growth Fund Ld
04 October 2007


4 October 2007

For Immediate Release

Oryx International Growth Fund Limited ('Oryx' or the 'Company')

Cancellation of C Shares

The Company announces that 2,542,376 C shares of 50 pence each ('C Shares') held
by Baltimore Capital plc, a wholly owned subsidiary of Oryx, have been
cancelled.

In addition, Oryx has also received 224,799 C Shares following the winding up of
Lionheart USA MicroCorp in which it was interested. These C Shares have also
been cancelled.

Accordingly, the Company's issued share capital now consists of the following:

16,252,774 ordinary shares of 50 pence each with voting rights

24,799,646 C Shares with voting rights

Therefore, the total number of voting rights in the Company is 41,052,420.

The above figure of 41,052,420 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 FSA's
Disclosure and Transparency Rules.

Enquiries

Sara Radford/Jean McMillan
BNP Paribas Fund Services (Guernsey) Limited
Tel: + 44 (0)1481 743 004



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