TRE - Trencor Limited - Trencor`s Textainer names Hilliard C. Terry, III as

TRE - Trencor Limited - Trencor`s Textainer names Hilliard C. Terry, III as     
Executive Vice President and Chief Financial Officer and Daniel W. Cohen as     
Vice President and General Counsel                                              
TRENCOR LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration No 1955/002869/06)                                                
Share Code: TRE                                                                 
ISIN: ZAE000007506                                                              
("Trencor")                                                                     
TRENCOR`S TEXTAINER NAMES HILLIARD C. TERRY, III AS EXECUTIVE VICE PRESIDENT    
AND CHIEF FINANCIAL OFFICER AND DANIEL W. COHEN AS VICE PRESIDENT AND GENERAL   
COUNSEL                                                                         
We draw attention to the following news release issued by Textainer Group       
Holdings Limited, in which Trencor has a 60,9% beneficiary interest:            
"Hamilton, Bermuda - (Business Wire) - Textainer Group Holdings Limited         
(NYSE:TGH) ("Textainer"), the world`s largest lessor of intermodal containers   
based on fleet size, today announced that it has appointed Hilliard C. Terry,   
III as Executive Vice President and Chief Financial Officer and Daniel W.       
Cohen as Vice President and General Counsel.                                    
"We are very excited to have Hilliard and Dan join our leadership team," said   
Philip K. Brewer, President and Chief Executive Officer of Textainer.           
"Hilliard brings an ideal blend of extensive public company treasury and        
financing expertise, coupled with significant international experience. Dan     
combines the practical experience of a corporate counsel and the insight of     
having worked on many mergers and acquisitions and securitization transactions  
at leading law firms. Their skills will enable Textainer to build on our        
success as the world`s largest container lessor, delivering industry-leading    
service for our customers and solid returns for our stockholders."              
Mr. Terry was most recently Vice President and Treasurer and formerly the head  
of Investor Relations at Agilent Technologies, Inc., where he has worked since  
the company`s spin-off from Hewlett-Packard Company. Before joining Agilent,    
he worked in marketing and investor relations for HP`s VeriFone subsidiary.     
Mr. Terry has also held positions in investor relations and investment banking  
with Kenetech Corporation and Goldman, Sachs & Co., respectively. He holds an   
MBA from Golden Gate University and a BA from the University of California at   
Berkeley.                                                                       
Mr. Cohen was previously with Sybase, Inc. for six years where he served as     
Corporate Counsel. Before joining Sybase, he practiced corporate, securities    
and mergers and acquisitions law with Wilson Sonsini Goodrich & Rosati in Palo  
Alto and practiced finance and securitization law with Mayer Brown in Chicago   
and Sidley Austin LLP in London. Mr. Cohen holds a JD from Northwestern         
University and a BS with honors from the University of Illinois. He is a        
member of the California Bar and previously passed the CPA exam.                
Mr. Terry`s appointment will be effective in January while Mr. Cohen`s          
appointment was effective in September. Ernest Furtado, who had been serving    
as the Company`s Chief Financial Officer will continue to serve as the          
Company`s Senior Vice President and Chief Accounting and Compliance Officer.    
Textainer Group Holdings Limited                                                
Mr. Tom Gallo, 415-658-8227                                                     
Investor Relations Director                                                     
ir@textainer.com"                                                               
Trencor Services (Pty) Ltd                                                      
Secretaries                                                                     
19 December 2011                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
www.trencor.net                                                                 
Date: 19/12/2011 10:36:01 Supplied by www.sharenet.co.za                     
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