ORION REAL ESTATE LIMITED - Dealings by a director

Dealings by a director

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 SECURITIES


In compliance with rules 3.63 to 3.74 of the JSE Listing
Requirements, the following information is disclosed.

Name of director:                  F Gmeiner
Name of company:                   Orion Real Estate
Date of transaction:               28 December 2012
Class of securities:               Linked units
Number of securities:              3 000
Nature of transaction:             Purchase
Purchase price:                    32 cents per linked unit
Total value of transaction:        R960.00
Nature of interest:                Direct beneficial
Extent of interest:                Less than 0.01%
How traded:                        On-market
Clearance obtained:                Yes

Johannesburg
02 January 2013


Sponsor
Arcay Moela Sponsors (Proprietary) Limited

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