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ORION REAL ESTATE LIMITED
Incorporated in the Republic of South Africa)
(Registration number: 1997/021085/06)
Share Code: ORE ISIN: ZAE000075651
("Orion Real Estate" or "the company")
TRADING UPDATE
In terms of paragraph 3.4(b)(i) of the Listings Requirements of the JSE
Limited, listed companies are required to publish a trading statement as soon
as they become reasonably certain that the financial results for the next
period to be reported on will be more than 20% different from those of the
previous corresponding period or from a profit forecast previously provided
to the market in relation to such period.
The board would like to advise shareholders that the earnings and headline
earnings per linked unit are expected to decrease by between 35% to 45% for
the six months ended 31 December 2010.
This trading statement has not been reviewed or reported on the Company`s
external auditors.
Johannesburg
18 March 2011
Sponsor
Arcay Moela Sponsors (Proprietary) Limited
Date: 18/03/2011 09:23:00 Produced by the JSE SENS Department.
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