ORIX Announces Result of Tender Offer for Shares of ARRK Corporation by its Subsidiary

Tokyo, Japan - August 20, 2014 - ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today announced that, as per the press release published on June 23, 2014 titled "ORIX Announces Commencement of Tender Offer for Shares of ARRK Corporation by Its Subsidiary," OPI 11

Corporation ("Tender Offeror"), a subsidiary of ORIX, has completed a tender offer ("Tender Offer") with respect to the common shares and preferred shares of ARRK Corporation ("ARRK") on August 19, 2014.

As a result, the total number of shares tendered (270,555,839 shares) exceeded the minimum number of shares to be purchased (270,555,839 shares), and in accordance with the Tender Offer, the Tender Offeror will acquire all shares that were tendered.

ORIX intends to provide various management support services that will contribute to ARRK's further growth. Through this process, ORIX will leverage its network with major manufacturers that it has established through its leasing business including automobile leasing in Japan and Asia, and effectively using the experience and knowledge it has acquired through the past principal investments.

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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