<PAGE> PAGE 1
000 B000000 11/30/96
000 C000000 1005728
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 OPPENHEIMER INTERNATIONAL GROWTH FUND
001 B000000 811-07489
001 C000000 2123230200
002 A000000 TWO WORLD TRADE CENTER
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10043
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
018 000000 Y
019 A000000 Y
019 B000000 49
019 C000000 OPPENHEIMR
020 A000001 MORGAN GUARANTY TRUST CO.
020 B000001 13-5123346
020 C000001 14
020 A000002 BARCLAYS DE ZOETE WEDD SECURITIES, INC.
020 B000002 13-3551367
020 C000002 11
020 A000003 ZION FIRST NATIONAL BANK
020 B000003 87-0189025
020 C000003 9
020 A000004 ROBERT FLEMING, INC.
020 B000004 13-3298866
020 C000004 8
020 A000005 BARING SECURITIES, INC.
020 B000005 04-2455153
020 C000005 8
<PAGE> PAGE 2
020 A000006 FIRST CHICAGO CAPITAL MARKET
020 B000006 36-3595942
020 C000006 8
020 A000007 CAPEL (JAMES), INC.
020 B000007 52-1348224
020 C000007 8
020 A000008 SOCIETE GENERALE SECURITIES CORP.
020 B000008 13-1976032
020 C000008 7
020 A000009 GOLDMAN, SACHS & CO.
020 B000009 13-5108880
020 C000009 7
020 A000010 PAINEWEBBER, INC.
020 B000010 13-2638166
020 C000010 7
021 000000 173
022 A000001 MORGAN GUARANTY TRUST CO.
022 B000001 13-5123346
022 C000001 43908
022 D000001 0
022 A000002 ZION FIRST NATIONAL BANK
022 B000002 87-0189025
022 C000002 28000
022 D000002 0
022 A000003 PAINEWEBBER, INC.
022 B000003 13-2638166
022 C000003 23400
022 D000003 0
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
022 C000004 12705
022 D000004 196
022 A000005 CANADIAN IMPERIAL BANK OF COMMERCE
022 B000005 FOREIGN
022 C000005 4770
022 D000005 0
022 A000006 FIRST CHICAGO CAPITAL MARKET
022 B000006 36-3595942
022 C000006 2620
022 D000006 0
022 A000007 BARCLAYS DE ZOETE WEDD SECURITIES, INC.
022 B000007 13-3551367
022 C000007 2313
022 D000007 0
022 A000008 CAPEL (JAMES), INC.
022 B000008 52-1348224
022 C000008 1692
022 D000008 520
022 A000009 SOCIETE GENERALE SECURITIES CORP.
022 B000009 13-1976032
022 C000009 1771
<PAGE> PAGE 3
022 D000009 439
022 A000010 CAZENOVE, INC.
022 B000010 94-1658752
022 C000010 2097
022 D000010 0
023 C000000 168564
023 D000000 5178
028 A010000 2110
028 A020000 0
028 A030000 0
028 A040000 133
028 B010000 2316
028 B020000 0
028 B030000 0
028 B040000 823
028 C010000 1984
028 C020000 0
028 C030000 0
028 C040000 503
028 D010000 2645
028 D020000 0
028 D030000 0
028 D040000 640
028 E010000 3872
028 E020000 0
028 E030000 0
028 E040000 747
028 F010000 5801
028 F020000 0
028 F030000 0
028 F040000 359
028 G010000 18728
028 G020000 0
028 G030000 0
028 G040000 3205
028 H000000 4235
029 000000 Y
030 A000000 117
030 B000000 5.75
030 C000000 0.00
031 A000000 38
031 B000000 0
032 000000 79
033 000000 0
034 000000 Y
035 000000 3
036 A000000 N
036 B000000 0
042 A000000 0
042 B000000 0
042 C000000 0
<PAGE> PAGE 4
042 D000000 100
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 41
044 000000 0
055 A000000 Y
055 B000000 N
056 000000 N
057 000000 N
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
<PAGE> PAGE 5
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 Y
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 29906
071 B000000 5192
071 C000000 12181
071 D000000 43
072 A000000 8
072 B000000 29
072 C000000 111
072 D000000 0
072 E000000 0
072 F000000 73
072 G000000 0
072 H000000 0
072 I000000 15
072 J000000 16
072 K000000 12
072 L000000 13
072 M000000 13
072 N000000 8
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 2
072 S000000 1
072 T000000 41
072 U000000 0
072 V000000 0
072 W000000 10
072 X000000 204
072 Y000000 3
072 Z000000 -61
072AA000000 386
072BB000000 407
072CC010000 2549
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
<PAGE> PAGE 6
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 82
074 B000000 1500
074 C000000 0
074 D000000 0
074 E000000 308
074 F000000 26990
074 G000000 0
074 H000000 0
074 I000000 6
074 J000000 389
074 K000000 0
074 L000000 722
074 M000000 14
074 N000000 30011
074 O000000 2184
074 P000000 12
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 75
074 S000000 0
074 T000000 27740
074 U010000 1441
074 U020000 744
074 V010000 11.74
074 V020000 11.65
074 W000000 0.0000
074 X000000 2866
074 Y000000 0
075 A000000 0
075 B000000 13558
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 Y
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
<PAGE> PAGE 7
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 C000000 70000
081 A000000 Y
081 B000000 87
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE GEORGE C. BOWEN
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 1005728
<NAME> Oppenheimer International Growth-A shares
<S> <C>
<PERIOD-TYPE> 8-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> MAR-25-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 26,251,572
<INVESTMENTS-AT-VALUE> 28,803,868
<RECEIVABLES> 1,111,333
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 95,790
<TOTAL-ASSETS> 30,010,991
<PAYABLE-FOR-SECURITIES> 2,183,499
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 87,532
<TOTAL-LIABILITIES> 2,271,031
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 25,215,560
<SHARES-COMMON-STOCK> 1,440,770
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (21,513)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3,576)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,549,489
<NET-ASSETS> 16,918,471
<DIVIDEND-INCOME> 110,772
<INTEREST-INCOME> 29,080
<OTHER-INCOME> 0
<EXPENSES-NET> 201,132
<NET-INVESTMENT-INCOME> (61,280)
<REALIZED-GAINS-CURRENT> (21,004)
<APPREC-INCREASE-CURRENT> 2,549,489
<NET-CHANGE-FROM-OPS> 2,467,205
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,689,570
<NUMBER-OF-SHARES-REDEEMED> 248,800
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 27,739,960
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 73,489
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 203,992
<AVERAGE-NET-ASSETS> 8,992,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 1.75
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.74
<EXPENSE-RATIO> 1.88
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 1005728
<NAME> Oppenheimer International Growth-B shares
<S> <C>
<PERIOD-TYPE> 8-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> MAR-25-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 26,251,572
<INVESTMENTS-AT-VALUE> 28,803,868
<RECEIVABLES> 1,111,333
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 95,790
<TOTAL-ASSETS> 30,010,991
<PAYABLE-FOR-SECURITIES> 2,183,499
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 87,532
<TOTAL-LIABILITIES> 2,271,031
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 25,215,560
<SHARES-COMMON-STOCK> 744,245
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (21,513)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3,576)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,549,489
<NET-ASSETS> 8,672,608
<DIVIDEND-INCOME> 110,772
<INTEREST-INCOME> 29,080
<OTHER-INCOME> 0
<EXPENSES-NET> 201,132
<NET-INVESTMENT-INCOME> (61,280)
<REALIZED-GAINS-CURRENT> (21,004)
<APPREC-INCREASE-CURRENT> 2,549,489
<NET-CHANGE-FROM-OPS> 2,467,205
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 784,237
<NUMBER-OF-SHARES-REDEEMED> 39,992
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 27,739,960
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 73,489
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 203,992
<AVERAGE-NET-ASSETS> 3,628,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> (0.10)
<PER-SHARE-GAIN-APPREC> 1.75
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.65
<EXPENSE-RATIO> 2.84
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 1005728
<NAME> Oppenheimer International Growth-C shares
<S> <C>
<PERIOD-TYPE> 8-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-START> MAR-25-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 26,251,572
<INVESTMENTS-AT-VALUE> 28,803,868
<RECEIVABLES> 1,111,333
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 95,790
<TOTAL-ASSETS> 30,010,991
<PAYABLE-FOR-SECURITIES> 2,183,499
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 87,532
<TOTAL-LIABILITIES> 2,271,031
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 25,215,560
<SHARES-COMMON-STOCK> 184,273
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (21,513)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3,576)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,549,489
<NET-ASSETS> 2,148,881
<DIVIDEND-INCOME> 110,772
<INTEREST-INCOME> 29,080
<OTHER-INCOME> 0
<EXPENSES-NET> 201,132
<NET-INVESTMENT-INCOME> (61,280)
<REALIZED-GAINS-CURRENT> (21,004)
<APPREC-INCREASE-CURRENT> 2,549,489
<NET-CHANGE-FROM-OPS> 2,467,205
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 206,770
<NUMBER-OF-SHARES-REDEEMED> 22,497
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 27,739,960
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 73,489
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 203,992
<AVERAGE-NET-ASSETS> 938,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> (0.09)
<PER-SHARE-GAIN-APPREC> 1.75
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.66
<EXPENSE-RATIO> 2.82
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<PAGE>
THE BOARD OF TRUSTEES AND SHAREHOLDERS OF
OPPENHEIMER INTERNATIONAL GROWTH FUND:
In planning and performing our audit of the financial statements of
Oppenheimer International Growth Fund for the period ended November 30, 1996, we
considered its internal control structure, including procedures for safeguarding
securities, in order to determine our auditing procedures for the purpose of
expressing our opinion on the financial statements and to comply with the
requirements of Form N-SAR, not to provide assurance on the internal control
structure.
The management of Oppenheimer International Growth Fund is responsible for
establishing and maintaining an internal control structure. In fulfilling this
responsibility, estimates and judgments by management are required to assess the
expected benefits and related costs of internal control policies and procedures.
Two of the objectives of an internal control structure are to provide management
with reasonable, but not absolute, assurance that assets are safeguarded against
loss from unauthorized use or disposition and transactions are executed in
accordance with management's authorization and recorded properly to permit
preparation of financial statements in conformity with generally accepted
accounting principles.
Because of inherent limitations in any internal control structure, errors or
irregularities may occur and not be detected. Also, projection of any evaluation
of the structure to future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the effectiveness of the
design and operation may deteriorate.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design or
operation of the specific internal control structure elements does not reduce to
a relatively low level the risk that errors or irregularities in amounts that
would be material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted no matters
involving the internal control structure, including procedures for safeguarding
securities, that we consider to be a material weakness as defined above as of
November 30, 1996.
This report is intended for the information and use of management and the
Securities and Exchange Commission and should not be used for any other purpose.
/S/KPMG PEAT MARWICK LLP
KPMG PEAT MARWICK LLP
Denver, Colorado
December 20, 1996
<PAGE>
During the period ended November 30, 1996, the Fund adjusted the
classification of distributions to shareholders to reflect the differences
between financial statement amounts and distributions determined in accordance
with income tax regulations. Accordingly, during the period ended November 30,
1996, amounts have been reclassified to reflect a decrease in paid-in capital of
$57,195, a decrease in accumulated net investment loss of $94,626, and an
increase in accumulated net realized loss on investments of $37,431. In
addition, to properly reflect foreign currency gain or loss in the components of
capital, $54,859 of foreign exchange loss determined according to U.S. federal
income tax rules has been reclassified from accumulated net realized loss to
accumulated net investment loss.
