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Orchid Capital Ltd (ORC)

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Tuesday 07 February, 2006

Orchid Capital Ltd

Director/PDMR Shareholding

Orchid Capital Ltd
07 February 2006

                                                                    Rule 3.19A.2

Stock Exchange Announcement

For immediate release

7th February 2006


                             Orchid Capital Limited


                                  Appendix 3Y

                      Change of Director's Interest Notice


Information or documents not available now must be given to ASX as soon as
available.  Information and documents given to ASX become ASX's property and may
be made public.

Introduced 30/9/2001.


Name of entity               ORCHID CAPITAL LIMITED
ABN                          30 073 099 171


We (the entity) give ASX the following information under listing rule 3.19A.2
and as agent for the director for the purposes of section 205G of the
Corporations Act.


Name of Director             Julian Sandt

Date of last notice          25 January 2006



Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by
the responsible entity of the trust



Note: In the case of a company, interests which come within paragraph (i) of the
definition of 'notifiable interest of a director' should be disclosed in this
part.


Direct or indirect interest                                Direct

Nature of indirect interest
(including registered holder)

Note: Provide details of the circumstances
giving rise to the relevant interest.

Date of change                                         25 January 2006

No. of securities held prior to change          (1)   1,000,000 options 
                                                exercisable at 5 cents each on 
                                                or before 30 November 2006

                                                (2)   4,149,840 fully paid shares

Class                                                     As above

Number acquired                                       471,716 shares

Number disposed                                             NIL

Value/Consideration                                       $20,284

Note: If consideration is non-cash, provide
details and estimated valuation


No. of securities held after change             (1)   1,000,000 options
                                                (2)   4,621,556 fully paid 
Nature of change                                shares

Example: on-market trade, off-market trade,              On Market Trade
exercise of options, issue of securities under
dividend reinvestment plan, participation in
buy-back



Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of
the definition of 'notifiable interest of a director' should be disclosed in
this part.


Detail of contract

Nature of interest

Name of registered holder
(if issued securities)

Date of change
No. and class of securities to which
interest related prior to change

Note: Details are only required for a
contract in relation to which the
interest has changed


Interest acquired

Interest disposed

Value/Consideration

Note: If consideration is non-cash,
provide details and an estimated
valuation

Interest after change


                                     -End-

Press enquiries:

Julian Sandt - Chief Executive Officer, Orchid Capital Limited   00 65 9658 9940


                      This information is provided by RNS
            The company news service from the London Stock Exchange                                                                   

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