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TRENCOR LIMITED - Trencors Textainer announces major milestone in surpassing 3 million TEU fleet

Release Date: 17/12/2013 10:22
Code(s): TRE     PDF:  
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Trencor’s Textainer announces major milestone in surpassing 3 million TEU fleet

TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“Trencor”)

TRENCOR’S TEXTAINER ANNOUNCES MAJOR MILESTONE IN SURPASSING 3 MILLION
TEU FLEET
We draw attention to the following news release issued by Textainer Group Holdings
Limited, in which Trencor has a 48,3% beneficiary interest:


“A BENCHMARK ACHIEVEMENT FOR THE COMPANY AND INDUSTRY

Hamilton, Bermuda - (Business Wire) - Dec. 16, 2013 - Textainer Group Holdings Limited
(NYSE: TGH) (“Textainer”, “the Company”, “we” and “our”), the industry leader in
container leasing, today announced that their fleet surpassed 3 million TEU representing
a major milestone for the Company as well as the industry.

“We are very proud to be the first leasing company to reach 3 million TEU.” commented
Philip K. Brewer, President and Chief Executive Officer of Textainer. “To appreciate the
magnitude of this feat and put that quantity in perspective, if laid end-to-end, our
containers would stretch from Los Angeles to Tokyo and back.”

“Operating efficiently and achieving economies of scale are critical to success in our
business. We are where we are today because we take full advantage of our size and
reach. This enables us to offer our customers the equipment they need, where they
need it and on competitive terms,” continued Mr. Brewer.

“Reaching a fleet size of 3 million TEU confirms the confidence that our customers have
placed in us since our founding almost 35 years ago. We are grateful for their ongoing
support and also want to thank our business partners, container manufacturers and
depots,” added Robert D. Pedersen, President and Chief Executive Officer of Textainer
Equipment Management. “We celebrate this significant achievement with our loyal
customer base and dedicated employees.”

ABOUT TEXTAINER

Textainer has operated since 1979 and is the world’s largest lessor of intermodal
containers based on fleet size. Textainer has more than 2.0 million containers,
representing more than 3.0 million TEU, in its owned and managed fleet. Textainer
leases dry freight, dry freight specialized, and refrigerated containers. Textainer is one of
the largest purchasers of new containers as well as one of the largest sellers of used
containers. Textainer leases containers to approximately 400 shipping lines and other
lessees and sells containers to more than 1,100 customers worldwide and provides
services worldwide via a network of regional and area offices, as well as independent
depots. More information is available on the Company’s website at http://
investor.textainer.com.

Textainer Group Holdings Limited
Hillard C. Terry, III, +1 415-658-8214
Executive Vice President and Chief Financial Officer
ir@textainer.com”
Trencor Services (Pty) Ltd
Secretaries
17 December 2013

Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

www.trencor.net

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