News Release

Announcement Regarding Management Changes and Organizational Reform

Mar 13, 2015

Tokyo, Japan - March 13, 2015 - ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today made public an announcement regarding management changes.

Effective as of March 15, 2015
New Position Present Position Name
Corporate Senior Vice President
Head of Real Estate Headquarters
Responsible for Finance Department
President, ORIX Real Estate Corporation
Group Senior Vice President
Vice Chairman, ORIX Real Estate Corporation (Responsible for Special Assignments)
Tetsuo Matsumoto
Group Executive
Vice Chairman, ORIX Real Estate Corporation
Responsible for Investment Business
in Real Estate Headquarters, ORIX Corporation
Executive Officer
Head of Real Estate Headquarters and Head of Investment Business
Responsible for Finance Department
President, ORIX Real Estate Corporation
Tetsuro Masuko

■ Organizational Reform (Effective as of March 15, 2015)
Organizational adjustment will be made within Real Estate Headquarters.

Contact Information:
ORIX Corporation
Corporate Planning Department
Tel: +81-3-3435-3121

About ORIX:
ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group which provides innovative products and services to its customers by constantly pursuing new businesses. Established in 1964, from its start in the leasing business, ORIX has advanced into neighboring fields and at present has expanded into lending, investment, life insurance, banking, asset management, automobile related, real estate and environment and energy related businesses. Since entering Hong Kong in 1971, ORIX has spread its businesses globally by establishing locations in 35 countries and regions across the world. ORIX celebrates its 50th anniversary in 2014 and moving forward it aims to contribute to society while continuing to capture new business opportunities and sustain growth by promoting acceleration of its corporate strategy "Finance + Services." For more details, please visit our website: http://www.orix.co.jp/grp/en/

Caution Concerning Forward Looking Statements:
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, 2013 - March 31, 2014."

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