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Orchid Capital Ltd (ORC)

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Tuesday 21 February, 2006

Orchid Capital Ltd

Director/PDMR Shareholding

Orchid Capital Ltd
21 February 2006

Stock Exchange Announcement

For immediate release

21st February 2006

                             Orchid Capital Limited
                                                                    Rule 3.19A.2

                                  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                      Clive McKee
Date of last notice                   12 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                                        17 February 2006
No. of securities held prior to change          (1)   1,250,000 options exercisable at 5 cents
                                                      each on or before 30 November 2006

                                                (2)   2,681,510 fully paid shares
Class                                                 As above
Number acquired                                       400,000 shares
Number disposed                                       NIL
Value/Consideration                                   $18,060

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


No. of securities held after change             (1)   1,250,000 options

                                                (2)   3,081,510 fully paid shares
Nature of change

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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