ORION REAL ESTATE LIMITED - Appointment of director

Appointment of 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”)

APPOINTMENT OF CHIEF FINANCIAL OFFICER

In compliance with section 3.59 of the Listings Requirements of the Johannesburg
Stock Exchange (“JSE”), shareholders are advised that Mr Deran Dabideen BCom
(Hons) has been appointed as Chief Financial Officer with effect from 1 June 2017.

Deran studied at the University of Kwa Zulu Natal, before serving articles at Ernst and
Young. He has 13 years of financial experience. Deran has served in several senior
financial management positions including Group Financial Manager and Group
Commercial Manager within various industries across the Logistics, FMCG and Retail
space, all of which being within domestic and internationally listed environments.

The directors of Orion welcome Deran to the Board.

Johannesburg
31 May 2017

Sponsor
Arbor Capital Sponsors Proprietary Limited

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