Offering Financial Options for Senior Housing Residents ORIX Living Forms Business Alliance with Tokyo Star Bank to Offer Reverse Mortgages

TOKYO, Japan – August 16, 2011 – ORIX Living, a subsidiary of ORIX Corporation that manages for-charge nursing homes and rental properties for seniors, announced today that it has entered into a business alliance with The Tokyo Star Bank, Limited (Tokyo Star Bank) offering Tokyo Star Bank’s new-type of reverse mortgage “Jyujitsu Jinsei” (Fulfilling Life).

Through this alliance, ORIX Living will be able to introduce Tokyo Star Bank’s reverse mortgage to residents and potential residents of its Good Time Living for-charge nursing homes (18 facilities in total) and Platesia rental properties for seniors (2 facilities in total) that can be used to pay the one-time entrance fee and monthly living expenses.

The need to promote and expand reverse mortgages is asserted in the government’s new growth strategy “Blueprint for Revitalizing Japan” (approved by the Cabinet on June 18, 2010), and in the growth strategy of the Ministry of Land, Infrastructure, Transport and Tourism (May 17, 2010), as a support program to assist senior households with housing and real estate assets to move to senior housing.

Tokyo Star Bank’s new-type of reverse mortgage “Jyujitsu Jinsei” is available to individuals aged 55 to 80 and can be freely used for a variety of purposes to enrich their second life after retirement such as living and medical expenses, as well as for leisure pursuits (excluding investment and business purposes). A reverse mortgage allows seniors to leverage their home equity when moving into a for-charge nursing home or rental housing for seniors without having to let go of their treasured homes that are filled with memories.

Going forward, ORIX Living will continue to provide a wide range of useful information about the various aspects of life in for-charge nursing homes and rental properties for seniors such as the different financial needs and to alleviate concerns about the future.

Contact Information
ORIX Corporation, Investor Relations
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, trust and banking and loan servicing. For more details, please visit our website at: http://www.orix.co.jp/grp/en/