SAR 3 - Oriel Resources PLC

RNS Number:9027Y
RAB Capital plc
24 February 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                                            23/02/2006



Number of shares acquired                                      780,000

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)                                        36,699,461
                                                               (18.12%)

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                                         36,699,461
                                                               (18.12%)


Date of disclosure                                             24/02/2006

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

END
SADAKQKBDBKDPBB