b01efb46-d260-4780-976d-b02e76bc6b35.pdf Announcement Regarding Issuance of Won Denominated Unsecured Notes in South Korea

TOKYO, Japan - April 28, 2016 - ORIX Corporation (TSE: 8591; NYSE: IX), a leading integrated financial services group, today announced that its subsidiary in South Korea, ORIX Capital Korea Corporation, has issued five-year Won denominated unsecured notes in the South Korean market under the conditions indicated below.

5-year notes

Issuer: ORIX Capital Korea Corporation (Guarantor: ORIX Corporation)

Amount: 30 billion Korean Won (Approximately 2.9billion yen)

Coupon rate: 2.167%p.a.

Issue price: 100% of face value

Maturity: five years (April 28, 2021)

Settlement date: April 28, 2016

Rating: AA+ (Stable)

Korea Ratings, Korea Investors Service

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 the lending, investment, life insurance, banking, asset management, automobile-related, real estate and environment and energy-related businesses. Since its first overseas expansion into Hong Kong in 1971, ORIX has spread its business globally by establishing locations in a total of 36 countries and regions across the world. Moving forward, ORIX aims to contribute to society while continuing to capture new business opportunities. 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, 2014 - March 31, 2015."

ORIX Corporation issued this content on 28 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 April 2016 04:48:53 UTC

Original Document: http://www.orix.co.jp/grp/en/pdf/news/160428_ORIXE.pdf