Rule 8.3- Oriel Resources Plc

RNS Number:1113S
RAB Capital plc
10 April 2008


                                                                        FORM 8.3

DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE

                        (Rule 8.3 of the Takeover Code)


1. KEY INFORMATION

Name of person dealing (Note 1)       RAB Capital plc
Company dealt in                      Oriel Resources Plc
Class of relevant security to which   Ordinary Shares
the dealings being disclosed relate
(Note 2)
Date of dealing                       9 April 2008


2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE


(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                             Long                        Short
                             Number        (%)           Number        (%)
(1) Relevant securities      10,929,528    (1.71%)
(2) Derivatives (other than  11,593,000    (1.82%)
options)
(3) Options and agreements
to purchase/sell
Total                        22,522,528    (3.53%)



(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)

Class of relevant security:     Long                      Short
Warrants
                                Number       (%)          Number       (%)
(1) Relevant securities
(2) Derivatives (other than     2,275,497    (17.17%)
options)
(3) Options and agreements to
purchase/sell
Total                           2,275,497    (17.17%)

*Previous disclosures should have included Warrant position information. Please
find at the end of this document a table with all Warrant position information.



(c) Rights to subscribe (Note 3)

Class of relevant        Details
security:



3. DEALINGS (Note 4)


(a) Purchases and sales

Purchase/sale          Number of   Price per unit (Note 5)
                       securities
Sale                     3,000,000 GBP 1.0875

Sale                     1,000,000 GBP 1.085

Sale                     1,000,000 GBP 1.08625



(b) Derivatives transactions (other than options)

Product name, e.g.Long/short (Note   Number of securities   Price per unit (Note
CFD               6)                 (Note 7)               5)








(c) Options transactions in respect of existing securities


(i) Writing, selling, purchasing or varying

Product     Writing,    Number of   Exercise Type, e.g.  Expiry date Option
name,e.g.   selling,    securities  price    American,               money paid/
call option purchasing, to which             European                received
            varying     the option           etc.                    per unit
            etc.        relates                                      (Note 5)
                        (Note 7)



(ii) Exercising

Product name, e.g. call      Number of securities        Exercise price per unit
option                                                   (Note 5)



(d) Other dealings (including new securities) (Note 4)

Nature of transaction    Details         Price per unit (if applicable) (Note 5)
(Note 8)



4. OTHER INFORMATION


Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the person
disclosing and any other person relating to the voting rights of any relevant
securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any
derivative referred to on this form is referenced. If none, this should be
stated.


None..................................................................


..............................................................................


Is a Supplemental Form 8 attached? (Note 9) NO



Date of disclosure                  10 April 2008

Contact name                        Ravin Davies

                                    0207 389 0932

If a connected EFM, name of offeree N/A
/offeror with which connected
If a connected EFM, state nature of N/A
connection (Note 10)

Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk



*Warrant position information:

Date of dealing    Long position in warrant    %Hldg       Type of Holding
        03/03/2008                     2276581       17.18 Relevant Securities
        05/03/2008                     2276581       17.18 Relevant Securities
        06/03/2008                     2276581       17.18 Relevant Securities
        07/03/2008                     2276581       17.18 Relevant Securities
        10/03/2008                     2276581       17.18 Relevant Securities
        11/03/2008                     2276581       17.18 Relevant Securities
        12/03/2008                     2276581       17.18 Relevant Securities
        13/03/2008                     2276581       17.18 Relevant Securities
        18/03/2008                     2276581       17.18 Relevant Securities
        19/03/2008                     2276581       17.18 Relevant Securities
        26/03/2008                     2276581       17.18 Relevant Securities
        28/03/2008                     2276581       17.18 Relevant Securities
        31/03/2008                     2276581       17.18 Relevant Securities
        01/04/2008                     2276581       17.18 Relevant Securities
        02/04/2008                     2276581       17.18 Relevant Securities
        03/04/2008                     2276581       17.18 Relevant Securities
        04/04/2008                     2275497       17.17 Relevant Securities
        07/04/2008                     2275497       17.17 Relevant Securities
        08/04/2008                     2275497       17.17 Derivatives







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

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