ORIX CarShare to Introduce a New Fee Structure
New Plan without Basic Monthly Charge for Individuals

TOKYO, Japan - March 5, 2012 - ORIX Auto Corporation ("ORIX Auto" hereinafter), announced today that it will introduce a new fee structure for its ORIX CarShare car sharing business starting April 1, 2012.

ORIX Auto pioneered the domestic car sharing market when it became the first company to introduce the service to Japan in April 2002. In April 2012, ORIX Auto will mark its 10th year of pioneering the development of this market in Japan. Membership in the car sharing market has grown exponentially in the past 10 years. As a result of recently improved customer recognition, the market is estimated to have expanded 2.3 fold year on year in January 2012 to 160,000 members.* Against this backdrop, ORIX Auto will introduce a new fee structure that will enable even more customers to learn about car sharing, experience the service and apply for membership.

Under the new fee structure, ORIX Auto will establish a plan named "Plan B for Individuals" to introduce a plan for an individual customer without a basic monthly charge, as well establish as a new plan for corporate customers without a basic monthly charge. "Plan A for Individuals" will be revised to provide an individual with free car sharing time amounting to the plan's ¥2,000 basic monthly charge. In addition, fee structures according to vehicle class will be unified and cancellation fees will be waved for up to one hour before the appointed car sharing time.

In addition, a new online function for individuals to switch plans at their convenience is scheduled to debut on the ORIX CarShare Website in June 2012. Once this goes online, members will be able to change their subscription plans on a monthly basis. Accordingly, ORIX Auto will flexibly provide a car sharing plan that matches the car usage frequency and lifestyle of any individual.

Going forward, ORIX Auto will strive for service enhancements that continue satisfying customers and their various needs.

* Source: The Foundation for Promoting Personal Mobility and Ecological Transportation

Supplementary Information

1. Major Changes in the New Fee Structure
(1) Revised initial charges (no user registration fee)
(2) Revised basic monthly charge in "Plan A for Individuals" (including free time for car sharing up to ¥2,000 a month)
(3) Revised basic monthly charge in "Plan B for Individuals" (no basic monthly charge)
(4) Established new corporate plan (no basic monthly charge)
(5) Unified vehicle fee structure according to vehicle class (unified electric vehicle (EV) and standard gasoline vehicle classes)

2. Other Revisions

3. Online Subscription Plan Changes
Starting from June, 2012, individuals will be able to easily switch plans (between Plan A for Individuals and Plan B for Individuals) on the ORIX CarShare Website.
*Individual members only.

^{* Please refer to the ORIX CarShare Website for details http://www.orix-carshare.com/ (In Japanese only)}

Contact Information
ORIX Corporation, Corporate Planning Department
TEL : +81-3-5419-5042 / Fax : +81-3-5419-5901
URL : http://www.orix.co.jp/grp/en/

About ORIX
ORIX Corporation (TSE: 8591; NYSE: IX) is an integrated financial services group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers. With operations in 27 countries and regions worldwide, ORIX's activities include corporate financial services, such as leases and loans, as well as automobile operations, rental operations, real estate, life insurance, banking and loan servicing. For more details, please visit our website at: http://www.orix.co.jp/grp/en/