Trading Statement ORION REAL ESTATE LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/021085/06) Share Code: ORE ISIN: ZAE000201695 ("Orion Real Estate" or “the Company”) TRADING STATEMENT In terms of paragraph 3.4(b) of the Listings Requirements of the Johannesburg Stock Exchange, a listed company is required to publish a trading statement as soon as a reasonable degree of certainty exists that the financial results for the next period to be reported on will differ by at least 20% from those of the previous corresponding period. Shareholders are advised that earnings per share (EPS) and headline earnings per share (HEPS) for the six months ended 31 December 2018 has moved to 0.65 cents compared to the EPS and HEPS of 1.29 cents for the six months ended 31 December 2017, a decline of 50.4%. The information on which this announcement has been based has not been reviewed or reported on by the group’s auditors. Johannesburg 15 May 2019 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 15/05/2019 04:49:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
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