Omod Version (Recommended).-
Install OBMM (oblivion mod manager)
http://timeslip.chorrol.com/obmm_download.html
Then extract the contents of this zip (omod version) into the "obmm\mods" folder of your OBMM installation.
Run OBMM and you should see the mod in the list on the right side, double click it and it will be installed.
NOTE: Make sure to make a backup of your "\data\meshes\characters\*" folder and "\data\textures\characters\*" . In case you want to uninstall you will need to restore these after uninstalling.
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