ORION REAL ESTATE LIMITED - Announcement relating to the results for the year ended 30 June2013

Announcement relating to the results for the year ended 30 June2013

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”)


ANNOUNCEMENT RELATING TO THE RESULTS FOR THE YEAR ENDED 30 JUNE 2013


Shareholders are advised that the financial statements for the year ended 31 June 2013 were
selected for review as part of the JSE’s pro-active monitoring process. After a series of questions
and responses through the pro-active monitoring process, the JSE has requested that we consider
the valuation of the related party debtors balance as stated within those financial statements. A
restatement will have an impact on the following accounts:

-   The trade receivables balance
-   The profit for the year
-   Retained Income

These restatements could be material.

Shareholders are advised that once the revaluation has been considered as instructed by the JSE,
a further announcement will follow.

By order of the board.



Johannesburg
5 December 2014

Sponsor
Arbor Capital Sponsors Proprietary Limited

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