OPPENHEIMER INTERNATIONAL GROWTH FUND
NSAR-B, 1998-01-27
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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-Class A
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           12-MOS
<FISCAL-YEAR-END>                                                       NOV-30-1997
<PERIOD-START>                                                          DEC-01-1996
<PERIOD-END>                                                            NOV-30-1997
<INVESTMENTS-AT-COST>                                                                 220,856,165
<INVESTMENTS-AT-VALUE>                                                                232,676,949
<RECEIVABLES>                                                                           8,509,694
<ASSETS-OTHER>                                                                                927
<OTHER-ITEMS-ASSETS>                                                                      321,434
<TOTAL-ASSETS>                                                                        241,509,004
<PAYABLE-FOR-SECURITIES>                                                                5,000,222
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               1,316,277
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<SENIOR-EQUITY>                                                                                 0
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<OVERDISTRIBUTION-GAINS>                                                                        0
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<OTHER-INCOME>                                                                                  0
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<NET-INVESTMENT-INCOME>                                                                  (886,021)
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<PER-SHARE-NAV-END>                                                                            14.37
<EXPENSE-RATIO>                                                                                 1.78
<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-Class B
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           12-MOS
<FISCAL-YEAR-END>                                                       NOV-30-1997
<PERIOD-START>                                                          DEC-01-1996
<PERIOD-END>                                                            NOV-30-1997
<INVESTMENTS-AT-COST>                                                                 220,856,165
<INVESTMENTS-AT-VALUE>                                                                232,676,949
<RECEIVABLES>                                                                           8,509,694
<ASSETS-OTHER>                                                                                927
<OTHER-ITEMS-ASSETS>                                                                      321,434
<TOTAL-ASSETS>                                                                        241,509,004
<PAYABLE-FOR-SECURITIES>                                                                5,000,222
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               1,316,277
<TOTAL-LIABILITIES>                                                                     6,316,499
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              219,677,359
<SHARES-COMMON-STOCK>                                                                   6,399,267
<SHARES-COMMON-PRIOR>                                                                     744,245
<ACCUMULATED-NII-CURRENT>                                                                 (40,740)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                 3,465,952
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                               12,089,934
<NET-ASSETS>                                                                           90,564,815
<DIVIDEND-INCOME>                                                                       1,263,221
<INTEREST-INCOME>                                                                         468,774
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          2,618,016
<NET-INVESTMENT-INCOME>                                                                  (886,021)
<REALIZED-GAINS-CURRENT>                                                                4,336,322
<APPREC-INCREASE-CURRENT>                                                               9,540,445
<NET-CHANGE-FROM-OPS>                                                                  12,990,746
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                       0
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<SHARES-REINVESTED>                                                                             0
<NET-CHANGE-IN-ASSETS>                                                                207,452,545
<ACCUMULATED-NII-PRIOR>                                                                   (21,513)
<ACCUMULATED-GAINS-PRIOR>                                                                  (3,576)
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     976,002
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         2,618,016
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<PER-SHARE-NAV-BEGIN>                                                                          11.65
<PER-SHARE-NII>                                                                                (0.12)
<PER-SHARE-GAIN-APPREC>                                                                         2.62
<PER-SHARE-DIVIDEND>                                                                            0.00
<PER-SHARE-DISTRIBUTIONS>                                                                       0.00
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            14.15
<EXPENSE-RATIO>                                                                                 2.56
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                       
<CIK>            1005728
<NAME>           Oppenheimer International Growth-Class C
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           12-MOS
<FISCAL-YEAR-END>                                                       NOV-30-1997
<PERIOD-START>                                                          DEC-01-1996
<PERIOD-END>                                                            NOV-30-1997
<INVESTMENTS-AT-COST>                                                                 220,856,165
<INVESTMENTS-AT-VALUE>                                                                232,676,949
<RECEIVABLES>                                                                           8,509,694
<ASSETS-OTHER>                                                                                927
<OTHER-ITEMS-ASSETS>                                                                      321,434
<TOTAL-ASSETS>                                                                        241,509,004
<PAYABLE-FOR-SECURITIES>                                                                5,000,222
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               1,316,277
<TOTAL-LIABILITIES>                                                                     6,316,499
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              219,677,359
<SHARES-COMMON-STOCK>                                                                   1,546,171
<SHARES-COMMON-PRIOR>                                                                     184,273
<ACCUMULATED-NII-CURRENT>                                                                 (40,740)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                 3,465,952
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                               12,089,934
<NET-ASSETS>                                                                           21,907,604
<DIVIDEND-INCOME>                                                                       1,263,221
<INTEREST-INCOME>                                                                         468,774
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          2,618,016
<NET-INVESTMENT-INCOME>                                                                  (886,021)
<REALIZED-GAINS-CURRENT>                                                                4,336,322
<APPREC-INCREASE-CURRENT>                                                               9,540,445
<NET-CHANGE-FROM-OPS>                                                                  12,990,746
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                       0
<DISTRIBUTIONS-OF-GAINS>                                                                        0
<DISTRIBUTIONS-OTHER>                                                                           0
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<NUMBER-OF-SHARES-REDEEMED>                                                             1,550,039
<SHARES-REINVESTED>                                                                             0
<NET-CHANGE-IN-ASSETS>                                                                207,452,545
<ACCUMULATED-NII-PRIOR>                                                                   (21,513)
<ACCUMULATED-GAINS-PRIOR>                                                                  (3,576)
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     976,002
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         2,618,016
<AVERAGE-NET-ASSETS>                                                                   10,864,000
<PER-SHARE-NAV-BEGIN>                                                                          11.66
<PER-SHARE-NII>                                                                                (0.13)
<PER-SHARE-GAIN-APPREC>                                                                         2.64
<PER-SHARE-DIVIDEND>                                                                            0.00
<PER-SHARE-DISTRIBUTIONS>                                                                       0.00
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            14.17
<EXPENSE-RATIO>                                                                                 2.55
<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 year ended November 30, 1997, 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 pro-
cedures.  Two of the objectives of an internal control structure are to provide
management with reasonable, but not absolute, assurance that assets are safe-
guarded 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 eval-
uation 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 dis-
close 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, 1997.

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 19, 1997




<PAGE>

The Fund adjusts 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
year ended November 30, 1997, amounts have been reclassified to reflect a
decrease in accumulated net realized gain on investments of $866,794.  Accumu-
lated net investment loss was decreased by the same amount.



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