Trading statement TRENCOR LIMITED (Incorporated in the Republic of South Africa) (Registration No 1955/002869/06) Share Code: TRE ISIN: ZAE000007506 (“Trencor”) TRADING STATEMENT Shareholders are advised that earnings per share (“EPS”) and headline earnings per share (“HEPS”) for the six months ended 30 June 2014 are expected to be within the ranges set out below: 6 months ended 6 months ended 30 June 2014 30 June 2013 Expected Actual Adjusted HEPS (which excludes net unrealised foreign exchange gains on translation of long-term receivables) 215-230 264,5 Basic HEPS 215-230 318,1 Basic EPS 200-215 314,7 Period-end rate of exchange: SA rand to US dollar 10,57 9,95 Average rate of exchange for the period 10,65 9,24 The results of Textainer Group Holdings Limited (“Textainer”) (NYSE: TGH), in which Trencor has a 48,1% beneficiary interest, can be accessed on its website www.textainer.com. Textainer’s net profit for the six months, adjusted to conform with International Financial Reporting Standards, was US$73,1 million (after writing off US$6,4 million of unamortised debt issuance costs related to the refinancing of certain debt) compared to US$100,8 million in the same period in 2013. The financial information on which this trading statement is based has not been reviewed and reported on by Trencor’s independent auditors. The interim results in respect of the 6 months ended 30 June 2014 are expected to be published on the Stock Exchange News Service on or about 15 August 2014. ON BEHALF OF THE BOARD NI JOWELL Chairman 6 August 2014 Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) www.trencor.net Date: 06/08/2014 10:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.