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Annual Report 2009 By business segment as of March 31, 2009 Operations in Japan Corporate Financial Services Domestic Sales Administrative Headquarters Lending, Leasing, Other Financial Services Apr. 1964 ORIX Alpha Corporation Leasing, Lending Mar. 1972 100% ORIX Eco Services Corporation Consulting Related to Waste Processing Apr. 1998 100% and Recycling, Environmental Management Support Services Momiji Lease Corporation Leasing (Mar. 2002) 95% NS Lease Co., Ltd. Leasing, Lending, Other Financial Services (Jul. 2002) 100% ORIX Resource Recycling Services Corporation Waste Recycling Sep. 2002 100% ORIX Kitakanto Corporation Leasing, Lending, Other Financial Services (Jan. 2005) 95% ORIX Tokushima Corporation Leasing, Lending, Other Financial Services (Oct. 2005) 95% Internet Research Institute, Inc. Consulting and Business (Nov. 2007) 100% Centered on IP Technology Funabashi Eco Services Corporation Waste Disposal (Mar. 2008) 100% Maintenance Leasing ORIX Auto Corporation Automobile Leasing & Rentals, Car Sharing (Jun. 1973) 100% ORIX Rentec Corporation Test, Measurement, and Sep. 1976 100% IT-Related Equipment Leasing and Rentals ORIX Rentec (Singapore) Pte. Limited (Singapore) Oct. 1995 100% ORIX Rentec (Korea) Corporation (South Korea) Apr. 2001 100% ORIX Rentec (Tianjin) Corporation (China) Aug. 2004 100% Real Estate Real Estate Business Headquarters Development and Rentals of Commercial Apr. 1964 Real Estate, Condominium Development and Sales ORIX Estate Corporation Golf Course Management (Dec. 1986) 100% BlueWave Corporation Training Facility & Hotel Management Aug. 1991 100% ORIX Interior Corporation Real Estate Leasing, Sales and Manufacture Oct. 1998 100% of Interior Furnishings, and Driving School Management ORIX Real Estate Corporation Development and Rentals of Commercial Mar. 1999 100% Real Estate, Condominium Development and Sales ORIX Asset Management Corporation REIT Asset Management Sep. 2000 100% ORIX Golf Management Corporation Golf Course Management (Nov. 2004) 100% ORIX Living Corporation Senior Housing Management Apr. 2005 75% Cross Hotels Corporation Management of Cross Hotels (Mar. 2006) 100% ORIX Real Estate Advisors Corporation Real Estate & Advisory Services Sep. 2007 100% Banking Banking Headquarters Real Estate Finance, Commercial Real Estate Apr. 1964 Asset Securitization, Principal ORIX Capital Corporation Venture Capital Oct. 1983 100% ORIX Corporation Alternative Jan. 1990 100% ORIX Asset Management & Loan Services Corporation Loan Servicing Apr.1999 100% ORIX M&A Solutions Corporation M&A & Corporate Restructuring Advisory Feb. 2003 100% Services 57

By business segment as of March 31, 2009 Retail ORIX Credit Corporation * Card Loans Jun. 1979 100% ORIX Securities Corporation Securities (Mar. 1986) 100% ORIX Life Insurance Corporation Life Insurance Apr. 1991 100% ORIX Trust and Banking Corporation Trust & Banking Services (Apr. 1998) 100% ORIX Headquarter Functions (Not included in Segment Financial Information) ORIX Insurance Services Corporation Casualty & Life Insurance Agency Sep. 1976 100% ORIX Computer Systems Corporation Software Engineering & Systems Management Mar. 1984 100% ORIX Baseball Club Co., Ltd. Professional Baseball Team Management (Oct. 1988) 100% ORIX Create Corporation Coordination of Advertising Activities Jul. 1998 100% ORIX Management Information Center Corporation Accounting & Administrative Services Oct. 1999 100% ORIX Callcenter Corporation Call Center Nov. 1999 100% ORIX Human Resources Corporation Outplacement Services Feb. 2002 100% ORIX Business Support Corporation Business Support Services Apr. 2007 100% ORIX Insurance Planning Corporation Agency Sales & Development of Non-Life Sep. 1999 50% Insurance Products * ORIX transferred an amount of common shares equaling 51% of issued shares of ORIX Credit Corporation to Sumitomo Mitsui Banking Corporation in July 2009 for the purpose of joint collaboration. 58

Annual Report 2009 Overseas Operations Japan Apr. 1964 Global Business and Alternative Administration of Overseas Activities Headquarters *1 Ship-Related Services, Aircraft-Related Services, Alternative ORIX Maritime Corporation *1 Japan Ship-Related Services Nov. 1977 100% ORIX Aircraft Corporation *1 Japan Aircraft Leasing May 1986 100% ORIX USA Corporation U.S.A. Corporate Finance Aug. 1981 100% Banking Real Estate ORIX Asia Limited China (Hong Kong) Leasing, Automobile Leasing Sep. 1971 100% ORIX China Corporation China Leasing Aug. 2005 98% CHINA RAILWAY LEASING CO., LTD. China Railway-Related Leasing (Jan. 2006) 25% ORIX Leasing Singapore Limited Singapore Leasing, Hire Purchase, Lending Sep. 1972 50% ORIX and Management Private Limited Singapore Equity May 1981 100% ORIX CAR RENTALS PTE. LTD. Singapore Automobile Leasing & Rentals, Leasing Sep. 1981 45% ORIX Capital Resources Limited Singapore Ship Finance Nov. 1997 100% ORIX Ship Resources Private Limited Singapore Ship Finance Nov. 1997 100% ORIX Leasing Malaysia Berhad Malaysia Leasing, Lending, Hire Purchase Sep. 1973 100% ORIX Car Rentals Sdn. Bhd. *2 Malaysia Automobile Rentals Feb. 1989 35% ORIX Auto Leasing Malaysia Sdn. Bhd. Malaysia Automobile Leasing Oct. 2000 100% PT. ORIX Indonesia Finance *3 Indonesia Leasing, Automobile Leasing Apr. 1975 96% ORIX METRO Leasing and Finance Corporation Philippines Leasing, Automobile Leasing, Lending Jun. 1977 40% ORIX Auto Leasing Philippines Corporation Philippines Automobile Leasing Sep. 1989 40% Thai ORIX Leasing Co., Ltd. Thailand Leasing Jun. 1978 49% ORIX Auto Leasing (Thailand) Co., Ltd. *4 Thailand Automobile Leasing & Rentals (Aug. 2001) 85% Acap Advisory Public Company Limited Thailand Banking, Asset (Nov. 2007) 20% Management, Loan Servicing Lanka ORIX Leasing Company PLC. Sri Lanka Automobile Leasing, Hire Purchase Mar. 1980 30% ORIX Taiwan Corporation Taiwan Leasing, Hire Purchase, Loan Servicing Sep. 1982 95% ORIX Auto Leasing Taiwan Corporation Taiwan Automobile Leasing Mar. 1998 100% ORIX Taiwan Asset Management Company Taiwan Loan Servicing Oct. 2004 95% ORIX Leasing Pakistan Limited Pakistan Leasing, Automobile Leasing Jul. 1986 50% ORIX Bank Pakistan Limited Pakistan Banking, Securities Brokerage Jul. 1995 40% ORIX Properties Pakistan Private Ltd. Pakistan Real Estate Development and Management Aug. 2007 67% ORIX Australia Corporation Limited Australia Automobile Leasing & Rentals Jul. 1986 100% ORIX New Zealand Limited New Zealand Leasing, Automobile Leasing & Rentals Aug. 1988 100% ORIX Ireland Limited Ireland Corporate Finance, Accounting & May 1988 100% Administrative Services ORIX Aviation Systems Limited Ireland Aircraft Leasing Mar. 1991 100% INFRASTRUCTURE LEASING & India Commercialization of Infrastructure Projects, (Mar. 1993) 23% FINANCIAL SERVICES LIMITED Banking, Corporate Finance ORIX Auto Infrastructure Services Limited India Automobile Leasing Mar. 1995 48% IL&FS Education & Technology Services Limited India Education Related Services (Aug. 2000) 33% Oman ORIX Leasing Company SAOG Oman Automobile Leasing, Hire Purchase, Factoring Aug. 1994 24% ORIX Polska S.A. Poland Leasing, Automobile Leasing, Oct. 1995 100% Hire Purchase, Lending ORIX Leasing Egypt SAE Egypt Leasing Mar. 1997 34% Saudi ORIX Leasing Company Kingdom of Leasing, Automobile Leasing Jan. 2001 25% Saudi Arabia MAF ORIX Finance PJSC U.A.E. Leasing Apr. 2002 39% Majid Al Futtaim JCB Finance LLC U.A.E. Credit Card Issuing Jun. 2008 30% ORIX Capital Korea Corporation Korea Automobile Leasing, Leasing, Feb. 2004 100% Hire Purchase, Lending BTA ORIX Leasing JSC Kazakhstan Leasing, Factoring (Jun. 2005) 40% ORIX and Management Private Limited Vietnam Equity Aug. 2008 100% *1 s Global Business and Alternative Headquarters as well as ORIX Maritime Corporation and ORIX Aircraft Corporation are based in Japan and are engaged in business activities centered on the Asia, Oceania and Europe region. *2 Percentage of voting rights is 100%. *3 Percentage of voting rights is 85%. *4 Percentage of voting rights is 70%. 59

Network In Japan ORIX s extensive network in Japan includes 1,110 locations. The number of offices in each region is indicated in parentheses. 1 HOKKAIDO (63) ORIX (1) ORIX Auto (58) 2 TOHOKU (75) ORIX (6) ORIX Auto (66) 3 TOKYO (147) ORIX (8) ORIX Eco Services (1) NS Lease (1) ORIX Resource Recycling Services (2) Internet Research Institute (1) Funabashi Eco Services (1) ORIX Auto (79) ORIX Rentec (5) BlueWave (5) ORIX Interior (1) ORIX Asset Management (1) ORIX Golf Management (1) ORIX Real Estate Advisors (1) ORIX Living (1) ORIX Capital (1) ORIX Asset Management (3) & Loan Services ORIX (1) ORIX M&A Solutions (1) ORIX Securities (2) ORIX Life Insurance (5) ORIX Trust and Banking (7) ORIX Credit (2) ORIX Insurance Services (1) ORIX Computer Systems (4) ORIX Business Support (1) ORIX Create (1) ORIX Management Information Center (3) ORIX Human Resources (1) ORIX Aircraft (1) ORIX Maritime (1) ORIX USA Corporation(1) 4 KANTO (276) ORIX (6) ORIX Resource Recycling Services (1) ORIX Kitakanto (6) Funabashi Eco Services (1) ORIX Auto (226) ORIX Rentec (6) BlueWave (2) ORIX Golf Management (15) ORIX Living (9) ORIX Life Insurance (3) ORIX Trust and Banking (1) 5 CHUBU (146) ORIX (13) ORIX Auto (116) ORIX Rentec (3) ORIX Golf Management (8) ORIX Life Insurance (3) 6 KINKI (141) ORIX (9) ORIX Eco Services (1) NS Lease (1) ORIX Auto (85) ORIX Rentec (2) ORIX Estate (1) BlueWave (3) ORIX Interior (3) ORIX Golf Management (11) ORIX Living (8) ORIX Asset Management & Loan Services (2) ORIX Life Insurance (4) ORIX Trust and Banking (1) ORIX Baseball Club (6) ORIX Human Resources (1) 7 CHUGOKU (63) ORIX (4) Momiji Lease (2) ORIX Auto (49) ORIX Golf Management (4) ORIX Life Insurance (2) 8 SHIKOKU (33) ORIX (3) ORIX Tokushima (1) ORIX Auto (28) 9 KYUSHU (166) (incl. OKINAWA) ORIX (8) ORIX Auto (140) ORIX Rentec (2) BlueWave (2) ORIX Golf Management (3) ORIX Asset Management & Loan Services (3) ORIX Life Insurance (2) ORIX Trust and Banking (2) ORIX Credit (1) ORIX Callcenter (2) 60

Annual Report 2009 Overseas Network ORIX has a global network outside of Japan that spans 26 countries worldwide. ORIX has 298 locations throughout the United States, Asia, Oceania, the Middle East, Europe, and Northern Africa. The number of offices in each region is indicated in parentheses and includes both subsidiaries and affiliates. 1 Ireland (2) 8 India (47) E South Korea (4) K Indonesia (8) ORIX Ireland Limited (1) ORIX Aviation Systems Limited (1) 2 England (1) 3 France (1) 4 Germany (1) 5 Poland (8) ORIX Polska S.A. (8) 6 Kazakhstan (11) BTA ORIX Leasing JSC (11) INFRASTRUCTURE LEASING & FINANCIAL SERVICES LIMITED (5) ORIX Auto Infrastructure Services Limited (32) IL&FS Education & Technology Services Limited (10) 9 Egypt (2) ORIX Leasing Egypt SAE (2) = Saudi Arabia (4) Saudi ORIX Leasing Company (4) A United Arab Emirates (4) MAF ORIX Finance PJSC (3) Majid Al Futtaim JCB Finance LLC (1) B Oman (6) ORIX Rentec (Korea) Corporation (2) ORIX Capital Korea Corporation (2) F China (Hong Kong) (1) ORIX Asia Limited (1) G Taiwan (9) ORIX Taiwan Corporation (4) ORIX Auto Leasing Taiwan Corporation (4) ORIX Taiwan Asset Management Company (1) H Philippines (43) ORIX METRO Leasing and Finance Corporation (29) ORIX Auto Leasing Philippines Corporation (14) PT. ORIX Indonesia Finance (8) L Australia (15) ORIX Australia Corporation Limited (15) M New Zealand (5) ORIX New Zealand Limited (5) N Singapore (6) ORIX Leasing Singapore Limited (1) ORIX and Management Private Limited (1) ORIX CAR RENTALS PTE. LTD. (1) ORIX Rentec (Singapore) Pte. Limited (1) ORIX Capital Resources Limited (1) ORIX Ship Resources Private Limited (1) O Malaysia (20) 7 Pakistan (44) ORIX Leasing Pakistan Limited (42) ORIX Bank Pakistan Limited (1) ORIX Properties Pakistan Private Ltd. (1) Oman ORIX Leasing Company SAOG (6) C Sri Lanka (26) Lanka ORIX Leasing Company Limited (26) D China (9) ORIX Rentec (Tianjin) Corporation (3) ORIX China Corporation (4) CHINA RAILWAY LEASING CO., LTD. (2) I Vietnam (1) ORIX and Management Private Limited (1) J Thailand (5) Thai ORIX Leasing Co., Ltd. (1) ORIX Auto Leasing (Thailand) Co., Ltd. (3) Acap Advisory Public Company Limited (1) ORIX Leasing Malaysia Berhad (15) ORIX Car Rentals Sdn. Bhd. (4) ORIX Auto Leasing Malaysia Sdn. Bhd. (1) P USA (15) ORIX USA Corporation (15) 61