TRENCOR LIMITED - Trencor's Textainer acquires 30 000 TEU from managed container portfolio

Trencor's Textainer acquires 30 000 TEU from managed container portfolio

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

TRENCOR’S TEXTAINER ACQUIRES 30 000 TEU FROM MANAGED CONTAINER PORTFOLIO: 
FLEET NOW STANDS AT A RECORD 77% OWNED

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. 22, 2014 - Textainer Group Holdings Limited
(NYSE: TGH) (“Textainer”, “we”, and “our”), the world’s largest lessor of intermodal
containers based on fleet size, today announced that it acquired approximately 30,000
TEU (twenty-foot equivalent units) of standard dry freight containers from its managed
fleet for approximately $35 million. The acquisition consists of standard dry freight
containers and increases the percentage of Textainer’s owned fleet to 77%.

“We are pleased to once again purchase containers from our managed fleet as we
continue to execute on Textainer’s long standing strategy to grow our overall fleet and
increase the ownership percentage,” stated Philip K. Brewer, Textainer President and
Chief Executive Officer. “This transaction increases the owned portion of our fleet to
77% up from 59% owned at the start of 2012. The acquired containers are seasoned
income producing assets which we expect will be immediately accretive to earnings and
contribute to long-term growth in shareholder value.”

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
23 January 2014

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

www.trencor.net

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