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ORE
 ORE                                                                             
Orion Real Estate Limited - Resignation Of Director                             
ORION REAL ESTATE LIMITED                                                       
(Formerly Alpina Investments Limited)                                           
(Incorporated in the Republic of South Africa)                                  
Registration number 1997/021085/06                                              
Share code: ORE & ISIN ZAE000075651                                             
Date:     3 MAY 2006                                                            
RESIGNATION OF DIRECTOR                                                         
MR B A SMITH RESIGNED FROM THE BOARD OF DIRECTORS EFFECTIVE 2 MAY 2006.         
Ends                                                                            
Date: 03/05/2006 03:52:24 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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