ORIX JREIT Announces New Debt Financing

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1 For Immediate Release REIT Issuer: ORIX JREIT Inc. (TSE: 8954) Yutaka Okazoe President and Executive Director Asset Management Company: ORIX Asset Management Corporation Hiroshi Nishio President and CEO Inquiries: Hajime Nakamura General Manager Corporate Planning Department TEL: ORIX JREIT Announces New Debt Financing TOKYO, October 25, 2013 We, ORIX JREIT Inc. ( OJR ) announces the following decision on new debt. 1. New debt summary 1) Long-term loan a. Lenders The Bank of Tokyo-Mitsubishi UFJ, Ltd. b. Loan amount JPY 3,000,000,000 f. Maturity November 1, ) Long-term loan a. Lenders Shinsei Bank, Limited b. Loan amount JPY 1,560,000,000 1/5

2 3) Long-term loan a. Lenders Mizuho Trust & Banking Co., Ltd. b. Loan amount JPY 1, 560,000,000 4) Long-term loan a. Lenders Resona Bank, Ltd. b. Loan amount JPY 1,560,000,000 2/5

3 5) Long-term loan a. Lenders THE DAISHI BANK, LTD. 6) Long-term loan a. Lenders The 77 Bank, Ltd. 7) Long-term loan a. Lenders THE SHIZUOKA BANK, LTD. c. Applicable interest rate To be determined (Note ) (Fixed rate) d. Draw down date November 5, 2013 e. Loan terms Based on the loan agreement dated November 5, 2013 To procure funds to repay the JPY 1 billion in long-term loans, which is based on the loan agreement dated November 5, 2010, is due for repayment on November 5, 3/5

4 The interest rate shall be announced at a later date, as soon as it is determined. 2. Total amount to be borrowed, specific use of funds and scheduled repayment dates 1) Total amount JPY 10,680,000,000 2) Specific use of funds and scheduled repayment dates Specific use Amount (JPY million) Repayment date acquisition (Note ) scheduled on November 1, 9,680 November 1, 2013 To procure funds to repay the JPY 1 billion in long-term loan, which is due for repayment on November 5, 1,000 November 5, 2013 For details, please refer to the press release ORIX JREIT Announces Asset Acquisition ( MG Shirokanedai Building, Cross Avenue Harajuku, AEON TOWN Sendai-Izumiosawa (Land), GRAN MART Tegata and Kanazawa Kohrinbo myatria ) announced October 15, 3. Change in LTV from the above new debt (millions of yen) Before After Change (As of October 25, 2013) (As of November 5, 2013) Short-term loans Long-term loans 162, ,445 +9,680 (Long-term debt due within one year) (5,000) (4,000) 1,000 Total of loans 162, ,445 +9,680 Investment corporation bonds 20,000 20,000 Sum of loans and investment corporation bonds 182, ,445 +9,680 Other interest-bearing debt Total interest-bearing debt 182, ,445 +9,680 LTV (based on total assets) (Note 1) 48.3% 48.3% 0.0% LTV (based on unitholders capital) (Note 2) 51.7% 51.5% 0.2% 1. LTV (based on total assets) (%) = Interest-bearing debt Total expected assets 100 Total expected assets is the net increase of interest-bearing debt since the end of the previous period and net increase of unitholders capital added to the total assets as of the end of the previous fiscal period. 2. LTV (based on unitholders capital) (%) = Interest-bearing debt (Interest-bearing debt + unitholders capital) Both LTVs are rounded to the nearest first decimal place. Accordingly, change in the LTVs may not be consistent with the corresponding figures as a result of rounding. 4. Proceeds from the issue of new investment units through the public offering to be paid in on October 30, 2013 are not included in the calculation of the LTVs as of October 25, 5. The calculation of the LTVs as of November 5, 2013 include proceeds from the issue of new investment units through the public offering to be paid in on October 30, 2013 but do not include proceeds from the issue of new investment units through the third-party allotment. 4. Additional information for investors There is no change to the content of OJR s Securities Report (Yukashoken Hokokusho) for the 22 nd fiscal period ended February 28, 2013 with respect to the risks involved in repayment etc. due to the new debt. 4/5

5 1. This is the English translation of original Japanese documents and is provided solely for information purposes. If there are any discrepancies between the translation and the Japanese original, the latter shall prevail. 2. The original Japanese version of this announcement was distributed today to the Kabuto Club, the Ministry of Land, Infrastructure, Transport and Tourism Press Club, and the Ministry of Land, Infrastructure, Transport and Tourism Construction Specialty Publication Press Club. Disclaimer: This document is not an offer to sell or a solicitation of any offer to buy the securities of OJR in the United States or 5/5

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