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Wed 13 Jun 2007, 8:15 ORE - Orion Real Estate Limited - Changes to board
ORE
 ORE                                                                             
ORE - Orion Real Estate Limited - Changes to board of directors                 
ORION REAL ESTATE LIMITED                                                       
(formerly Alpina Investment Holdings Limited)                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1997/021085/06)                                           
Share Code: ORE & ISIN: ZAE000075651                                            
("Orion Real Estate" or "the company")                                          
CHANGES TO BOARD OF DIRECTORS                                                   
In compliance with section 3.59 of the Listings Requirements of the JSE Limited,
the board of directors announces the resignation of Ms Kareen Rothmann from the 
board of directors of Orion Real Estate with immediate effect.                  
In addition, Professor Francois Marteen Viruly has been appointed as a non-     
executive director to the Board of Orion Real Estate with immediate effect.     
Professor Viruly is Pareto Chair of Property Studies in the School of           
Construction Economics and Management of the University of the Witswatersrand.  
Johannesburg                                                                    
11 June 2007                                                                    
Designated Advisor                                                              
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 13/06/2007 08:15:04 Produced by the JSE SENS Department.
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