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Trencor’s Textainer announces award of United States Department of Defence container management contract
TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“Trencor”)
TRENCOR’S TEXTAINER ANNOUNCES AWARD OF UNITED STATES
DEPARTMENT OF DEFENCE CONTAINER MANAGEMENT CONTRACT
We draw attention to the following news release issued by Textainer Group Holdings
Limited, in which Trencor has a 48,3% beneficiary interest:
“Hamilton, Bermuda - (Business Wire) - Jan. 6, 2014 - Textainer Group Holdings Limited
(NYSE: TGH) (“Textainer”), the industry leader in container leasing, today announced
the award of the US Department of Defense Container Management Streamlining
(“CMS”) Master Lease Contract.
Textainer successfully completed 10 years of the previous CMS contract award, during
which Textainer received eight annual "Exceptional" performance evaluations in addition
to two National Defense Transportation Quality Awards (NDTA). Textainer Equipment
Management (U.S.) Limited of San Francisco, California, a subsidiary of Textainer, has
been awarded a new contract for the program management, leasing, transportation and
repair of intermodal equipment. This contract award covers a base year starting on
December 24, 2013, with the potential for one year renewals that may extend the contract
until 2018.
“Textainer is honored to have the opportunity to continue working with the US
Department of Defense to support the worldwide logistics needs of the US Armed
Services,” commented Robert D. Pedersen, President and CEO of Textainer Equipment
Management Limited. “We are proud of our performance under the prior CMS contract
and look forward to continuing our relationship with the US Department of Defense with
the new contract award.”
Work will be performed at multiple locations both within and outside of the United States.
Program management and transition of operations are funded by fiscal 2014
transportation working capital funds and individual leasing task orders will be funded by
each individual Department of Defense service branch or supporting agency at the time
the order is placed. The U.S. Transportation Command Directorate of Acquisition, Scott
Air Force Base, Ill., is the contracting party.
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
7 January 2014
Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
www.trencor.net
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