OPPENHEIMER QUEST GLOBAL VALUE FUND INC
24F-2NT, 1997-01-29
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2


1.     Name and address of issuer:

                Oppenheimer Quest Global Value Fund, Inc.
                Two World Trade Center
                New York, New York 10048-0203

2.     Name of each series or class of funds for which this notice is filed:

                Oppenheimer Quest Global Value Fund, Inc. - Class B

3.     Investment Company Act File Number: 811-06105

       Securities Act File Number: 33-34720

4.     Last day of fiscal year for which this notice is filed:  11/30/96

5.     Check box if this  notice is being  filed  more than 180 days after the
       close of the issuer's fiscal year for purposes of reporting  securities
       sold after the close of the fiscal year but before  termination  of the
       issuer's 24f-2 declaration:                                        /  /

6.     Date of termination of issuer's declaration under rule 24f-2(a)(1), if 
       applicable (see instruction a.6):

7.     Number and amount of securities of the same class or series which had 
       been registered under the Securities Act of 1933 other than pursuant 
       to rule 24f-2 in a prior fiscal year, but which remained unsold at the 
       beginning of the fiscal year: -0-

8.     Number and amount of securities registered during the fiscal year other
       than pursuant to rule 24f-2:  -0-

9.     Number and aggregate sale price of securities sold during the fiscal 
       year:

                  1,411,432                 $21,229,261

10.    Number and aggregate sale price of securities sold during the fiscal 
       year in reliance upon registration pursuant to rule 24f-2:

                  1,411,432                 $21,229,261

11.    Number and aggregate sale price of securities  issued during the fiscal
       year in connection with dividend reinvestment plans, if applicable (see
       Instruction B.7):

                  99,401                    $11,404,541

12.    Calculation of registration fee:

       (i)    Aggregate sale price of securities sold
              during the fiscal year in reliance on
              rule 24f-2 (from Item 10):                         $21,229,261
                                                                 ------------
       (ii)   Aggregate price of shares issued in
              connection with dividend reinvestment
              plans (from Item 11, if applicable):               +$1,404,541
                                                                 -------------
       (iii)  Aggregate price of shares redeemed or
              repurchased during the fiscal year
              (if applicable):                                   -$3,657,346
                                                                 -------------
       (iv)   Aggregate price of shares redeemed or
              repurchased and previously applied as
              a reduction to filing fees pursuant to
              rule 24e-2 (if applicable):                        +  -0-
                                                                 ------------
       (v)    Net aggregate price of securities sold 
              and issued during the fiscal year in  
              reliance on rule 24f-2 (line (i), plus 
              line (ii), less line (iii), plus line
              (iv)) (if applicable):                             $18,976,456
                                                                 ------------
       (vi)   Multiplier prescribed by Section 6(b)
              of the Securities Act of 1933 or other
              applicable law or regulation (see
              Instruction C.6):                                  x 1/3300
                                                                 ------------
       (vii)  Fee due (line (i) or line (v) multiplied
              by line (vi)):                                     $5,750
                                                                 ------------

Instruction:  Issuers should complete line (ii), (iii), (iv), and (v) only if 
              the form is being filed within 60 days after the close of the 
              issuer's fiscal year.  See Instructions C.3.

13.    Check box if fees are being remitted to the Commission's lockbox 
       depository as described in section 3a of the Commission's Rule of 
       Informal and Other Procedures (17 CFR 202.3a).                    /X/

       Date of mailing or wire  transfer  of filing  fees to the  Commission's
       lockbox depository:

                  January 28, 1997; Fed Wire #3916


                                   SIGNATURES

This  report has been  signed  below by the  following  persons on behalf of the
issuer and in the capacities and on the dates indicated.

                             Oppenheimer Quest Global Value Fund, Inc.


                                  /s/ Robert J. Bishop
                             By:______________________________________
                                Robert J. Bishop, Assistant Treasurer

Date: 1/27/97


cc:      Ronald Feiman, Esq.
         Katherine Feld
         Gloria LaFond


sec\254b.24f


<PAGE>


                  GORDON ALTMAN BUTOWSKY WEITZEN SHALOV & WEIN
114 West 47th Street                                  New York, N.Y. 10036-1510
Telephone:(212) 626-0800                              Telecopier (212) 626-0799





                                                     January 27, 1997



Oppenheimer Quest Global Value Fund, Inc.
Two World Trade Center
New York, New York 10048-0203

Ladies and Gentlemen:

                  In  connection  with the public  offering of Class B shares of
common stock,  $0.01 par value (the "Shares") of Oppenheimer  Quest Global Value
Fund,  Inc. (the  "Fund"),  we have examined such records and documents and have
made such further  investigation  and examination as we deemed necessary for the
purpose of this opinion.

                  It is our opinion that the Shares,  the  registration of which
is made definite by the accompanying Rule 24f-2 Notice of the Fund, were legally
issued, fully paid and non-assessable by the Fund to the extent set forth in its
Prospectus  forming part of its Registration  Statement under the Securities Act
of 1933, as amended.

                  We hereby  consent  to the  filing of this  opinion  with said
Notice.


                                     Very truly yours,


                                     /s/GORDON ALTMAN BUTOWSKY
                                        WEITZEN SHALOV & WEIN



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