19 Aug 2010 17:38

ORYX INTERNATIONAL GROWTH FUND LIMITED
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INTERIM MANAGEMENT STATEMENT FOR THE QUARTER ENDED 30 JUNE 2010
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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.
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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.
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This interim management statement relates to the period from 1 April 2010 to 30 June 2010, and contains information that covers this period, and up to the date of publication of this interim management statement, unless otherwise specified.
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Manager's Review
The FTSE All - Share TR Index (£) returned -11.80% in the three months ended 30 June 2010 as risk aversion continued among investors worried about a series of macro economic concerns, including poor US economic data, a slowdown in China and fears of a double-dip recession in the UK. UK small-cap stocks out performed the broad index, with the FTSE Small Cap TR (£) Index returning -6.07%. Against this backdrop, the Fund's NAV rose by 3.13%, whilst its share price increased by 5.39% to £1.76.
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Material Transactions
Since 1 April 2010 the Company purchased for cancellation a total of 1,482,971 ordinary shares at a gross price of £1.72 per share.
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Material Events
There were no material events during the quarter ended 30 June 2010.
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Report and Accounts
On 23 June 2010, the Company posted its Annual Report and Accounts for the year ended 31 March 2010, to Shareholders. On 5 July 2010, the Company published a circular containing notice of the Company's Annual General Meeting and details in relation to the proposed Rule 9 waiver.
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Financial Highlights
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 | 30 June 2010 | 31 March 2010 | 31 December 2009 | 30 September 2009 |
 |  |  |  |  |
NAV | £2.35 | £2.28 | £2.26 | £2.21 |
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US Dollar / Sterling Exchange Rate | Â 1.4961 | Â 1.5169 | Â 1.4378 | Â 1.5994 |
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** Sterling adjusted | Â | Â | Â | Â |
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Twenty Largest Equity Investments at 30 June 2010
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| % |
RPC Group Plc | 7.26% |
Chrysalis Holdco | 7.03% |
Avanti Communications Group Plc | 6.21% |
Inspired Gaming Group Plc | 6.13% |
Catalyst Media Group Plc | 5.55% |
Tenon Group Plc | 5.21% |
Orthoproducts Limited | 5.15% |
Gleeson (M J) Group Plc | 4.80% |
BBA Aviation Plc | 4.63% |
Bionostics Holdings Limited Pref Shs | 4.34% |
Bavaria Industriekapital AG | 4.19% |
Quarto Group Plc | 3.93% |
Augean Plc | 3.32% |
Nastor Investement Limited | 3.09% |
Journey Group Plc | 3.04% |
Vislink Plc | 2.76% |
AssetCo Plc | 2.61% |
AC Management Services Limited | 2.18% |
Green CO2 Plc | 2.09% |
Asset Co (Abu Dhabi) Plc | 2.02% |
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% of total portfolio | 85.54 |
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The financial information for the quarter ended 30 June 2010 contained within this Interim Management Statement has not been audited.
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By order of the Board
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BNP Paribas Fund Services (Guernsey) Limited, for and on behalf of
Oryx International Growth Fund Limited
as Company Secretary