News Release

ORIX Announces Investment in Monolith Holdings
with the Conclusion of the Tender Offer for Shares of 1st Holdings

May 23, 2013

TOKYO, Japan - May 23, 2013 - ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial service group, today announced that in relation to the Investment in Monolith Holdings with the Commencement of Tender Offer for Shares of 1st Holdings as reported in their press release dated April 5, 2013*1, the subscription agreement with the Monolith Holdings Inc. (hereinafter, "Monolith Holdings") has been concluded today, following the completion of the tender offer for shares of 1st Holdings, Inc. (hereinafter, "1st Holdings") though Monolith Holdings Inc. on May 22, 2013.

As a result of the tender offer, Monolith Holdings will make a tender offer for all subscribed shares of 1st Holdings, as the total number of shares subscribed has exceeded the minimum limit of 31,787,972 shares intended*2. ORIX will invest 11,755 million yen in common and non-voting shares of Monolith Holdings Inc.

ORIX will continue to support the current management team led by Mr. Uchino and the employees of the 1st Holdings in planning and execution of various measures to raise the corporate value, including restructuring of a business structure and establishment of an advanced management system, with the aim of enhancing mid- and long-term competitiveness and mobility of the company.

*1 ORIX Press Release (April 5, 2013)
http://www.orix.co.jp/grp/en/news/2013/130405_ORIXE.html
*2 Please refer to Tender Offer Report by Monolith Holdings (May 23, 2013)

Reference

■Overview of Monolith Holdings
Company Name Monolith Holdings Inc.
Representative Director Hiroyuki Uchino
Location 1-11-1 Marunouchi, Chiyoda-ku, Tokyo
■Overview of 1st Holdings
Company Name 1st Holdings, Inc
President & CEO Hiroyuki Uchino
Location 28-5 Maruyamacho, Shibuya-ku, Tokyo
Established April 11, 1972
Capital 133,124,905 yen
Business Software, security service, and maintenance businesses
Website http://www.1st-hd.com/en/Open Link in New Window

Contact Information
ORIX Corporation, Corporate Planning Department
TEL : +81-3-3435-3121 / Fax : +81-3-3435-3154
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 28 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/

These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under “Risk Factors” in the Company’s annual report on Form 20-F filed with the United States Securities and Exchange Commission and under “4. Risk Factors” of the “Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2011– March 31, 2012.”
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