Oryx International Growth Regulatory News (OIG)

ORYX INTERNATIONAL GROWTH FUND LIMITED

INTERIM MANAGEMENT STATEMENT FOR THE QUARTER ENDED 31 DECEMBER 2009

Oryx International Growth Fund Limited ("Oryx" or the "Company"), is publishing this Interim Management Statement in accordance with DTR 4.3 of the FSA Handbook.

This interim management statement has been produced solely to provide additional information to shareholders as a body to meet the relevant requirements of the UK Listing Authority's Disclosure and Transparency Rules. It should not be relied upon by any other party or for any other purpose.

This interim management statement relates to the period from 1 October 2009 to 31 December 2009, and contains information that covers this period, and up to the date of publication of this interim management statement, unless otherwise specified.

Manager's Review

The market in smaller companies remains difficult but it is pleasing to report a further uplift in the net asset value over the period. A number of the investments are in discussions to be acquired and this could add further value to the portfolio over the next few months.

Material Transactions

Since 1 October 2009 the Company purchased for cancellation a total of 300,000 ordinary shares at an average cost of £1.758 per share.

Material Events

There were no material events during the quarter ended 31 December 2009.

Report and Accounts

On 26 November 2009, the Company posted its Interim Report for the six months ended 30 September 2009, to Shareholders.

Financial Highlights

Twenty Largest Equity Investments at 31 December 2009

The financial information for the quarter ended 31 December 2009 contained within this Interim Management Statement has not been audited.

By order of the Board

BNP Paribas Fund Services (Guernsey) Limited, for and on behalf of

Oryx International Growth Fund Limited

as Company Secretary