News wire article from our research archive:

Oriel Resources Plc: Holding's' in Company.

LONDON, UNITED KINGDOM, Dec 22, 2006 (CCNMatthews via COMTEX) -- Oriel Resources plc ("Oriel", or the "Company") (TSX:ORL)(AIM:ORI), the London-based chrome and nickel mining and processing company, announces that on 22 December 2006 it received a notification given in fulfilment of the obligations imposed under section 198 of the Companies Act 1985 ("the Act") by Morgan Stanley International Limited ("MSIL") that following a recent increase of ordinary issued share capital of Oriel Resources Plc, MSIL's percentage has reduced to 4.02% of the Company (22,352,286 shares).

The position of MSIL is held through the entities below:

- Quilter & Co Limited hold 16,000 shares ...

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