TOKYO, Japan -December 11, 2012 - ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today made public an announcement regarding management changes.

New Position

Present Position

Name

Changes Effective as of January 1, 2013

Director,
Representative Executive Officer,
Deputy President and Chief Financial Officer

 Director,
Representative Executive Officer,
Deputy President and Chief Financial Officer
Responsible for Corporate Planning Department
Responsible for Corporate Communications Department 		Haruyuki Urata

Corporate Senior Vice President
Head of Risk Management Headquarters 		Executive Officer
Head of Risk Management Headquarters 		Kazutaka Shimoura
Executive Officer
Deputy Head of Investment and Operation Headquarters
President, ORIX Wholesale Securities Corporation 		Deputy Head of Investment and Operation Headquarters
President, ORIX Wholesale Securities Corporation
 Shuji Irie

Executive Officer
Responsible for Corporate Planning Department
Responsible for Corporate Communications Department
Head of Corporate Planning Department 		Head of Corporate Planning Department
Deputy Head, Corporate Communications Department

 Satoru Matsuzaki

Group Senior Vice President
President, ORIX Credit Corporation 		Group Executive
President, ORIX Credit Corporation 		Masatoshi Kemmochi

Group Executive
Deputy Head of Real Estate Headquarters
Deputy President, ORIX Real Estate Corporation

Deputy Head of Real Estate Headquarters
Deputy President, ORIX Real Estate Corporation

Tetsuro Masuko

Retire*1

 Executive Officer
Domestic Sales Administrative
Headquarters: General Manager, Overseas New Business Development and Promotion Department 		Hideo Ichida

Retire*2

 Group Senior Vice President
Vice Chairman, ORIX Real Estate Corporation

Tetsuo Matsumoto

Retire*3

 Group Executive
President, ORIX Computer Systems Corporation 		Yoshitaka Fujisawa

*1 Hideo Ichida will be appointed Deputy Head of Kinki Sales on January 1, 2013.
*2 Tetsuo Matsumoto will remain Vice Chairman, ORIX Real Estate Corporation and will be appointed Special  Advisor to COO on January 1, 2013.
*3 Yoshitaka Fujisawa will be appointed Chairman, ORIX Computer Systems Corporation on January 1, 2013 

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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