ORION REAL ESTATE LIMITED - Notification of Change in Auditors

Notification of Change in Auditors

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”)

NOTIFICATION OF CHANGE IN AUDITOR

In compliance with paragraph 3.78 of the JSE Listings Requirements, shareholders are
advised that appointment of RSM South Africa Incorporated (“RSM”) as the Company’s
external auditor has been terminated by the Company with immediate effect due to an
irretrievable breakdown in the relationship between the Company and RSM, which has
resulted in a delay in the finalisation of the Company’s audit for the financial year ended
30 June 2018 (“2018 audit”).

The Audit and Risk Committee is in the process of completing an assessment of the suitability
of Nexia SAB&T as the external auditor with Mr Sophy Kleovoulou as the proposed
designated audit partner (subject to JSE approval) for purposes of completing the 2018
audit and a further announcement in this regard will be made in due course.

JOHANNESBURG
14 February 2019

Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 14/02/2019 09:03:00 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.