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Trading Statement
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”)
TRADING STATEMENT
In terms of paragraph 3.4(b)(i) of the Listings Requirements of
the Johannesburg Stock Exchange, listed companies are required
to publish a trading statement as soon as they become reasonably
certain that the financial results for the next period to be
reported on will be more than 20% different from those of the
previous corresponding period or from a profit forecast
previously provided to the market in relation to such period.
The board would like to advise shareholders that the headline
and diluted headline earnings per linked unit have increased by
31.6% from 0.57 cents for the six months ended 31 December 2013
to approximately 0.75 cents for the six months ended 31 December
2014. The increase was mainly due to the increase in the
property revenue as a result of the annual property escalation,
a better recovery of utilities and recovery of property re-
instatement costs.
Johannesburg
19 March 2015
Sponsor
Arbor Capital Sponsors Proprietary Limited
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