Oriel Resources plc

RNS Number:3354A
RAB Capital plc
24 March 2006


                                                                      FORM SAR 3


                           DISCLOSURE OF ACQUISITIONS
       (Rule 3 of The Rules Governing Substantial Acquisitions of Shares)

Name of acquirer                                               RAB Capital plc

Beneficial owner, if different from above

Names of any other persons acting by agreement or              N/a
understanding (see SAR 5)

Company dealt in                                               Oriel Resources
                                                               plc

Class of voting shares (eg ordinary shares)                    Ordinary Shares

Date of acquisition                                            23/03/2006



Number of shares acquired                                            2,921,000

Number of rights over shares acquired #                        N/a

Nature of rights over shares                                   N/a


Total holding of voting shares (and percentage of total
voting shares in issue)                                         40,996,461
                                                                (20.24%)

Total holding of rights over shares (and percentage of total                 -
voting shares in issue)


Combined total holding (and percentage) of voting shares
and rights over shares                                          40,996,461
                                                                (20.24%)



Date of disclosure                           24/03/2006

Contact name                                 Neil Warrender

Telephone number                             020 7389 7015

# See the definition of "rights over shares" in the Definitions Section of the
SARs.

For details of the SARs disclosure requirements, see SARs 3 and 5 and their
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.


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

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