ORION REAL ESTATE LIMITED - Director's Dealings

Director's Dealings

ORION REAL ESTATE LIMITED
Incorporated in the Republic of South Africa)
(Registration number: 1997/021085/06)
Share Code: ORE                 ISIN: ZAE000075651
("Orion Real Estate" or “the company”)


                      DIRECTOR’S DEALINGS


In compliance with paragraphs 3.63 to 3.74 of the Listings
Requirements of the JSE Limited (“JSE”), shareholders are
advised of the dealings by a director of the Company as
follows:

Name of director:             F Gmeiner
Name of company:              Orion Real Estate
Date of transaction:          27 November 2012
Class of securities:          Linked units
Number of securities:         1 478
Price per linked unit:        25 cents
Total value of transaction:   R369.50
Nature of transaction:        Purchase
Nature of interest:           Direct beneficial
Extent of interest:           Less than 0.01% of the issued
                              linked units
How traded:                   On market
Clearance obtained:           Yes

Name of director:             F Gmeiner
Name of company:              Orion Real Estate
Date of transaction:          27 November 2012
Class of securities:          Linked units
Number of securities:         3 522
Price per linked unit:        29 cents
Total value of transaction:   R1 021.38
Nature of transaction:        Purchase
Nature of interest:           Direct beneficial
Extent of interest:           Less than 0.01% of the issued
                              linked units
How traded:                   On market
Clearance obtained:           Yes

28 November 2012

Sponsor
Arcay Moela Sponsors (Proprietary) Limited

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