Textainer completes a US$300 million asset backed financing TRENCOR LIMITED (Incorporated in the Republic of South Africa) (Registration No 1955/002869/06) Share Code: TRE ISIN: ZAE000007506 (“Trencor”) TEXTAINER COMPLETES A US$300 MILLION ASSET BACKED FINANCING We draw attention to the following news release issued by Textainer Group Holdings Limited, in which Trencor has a 47,78% beneficiary interest: “Hamilton, Bermuda - (Business Wire) - Feb. 20, 2018 - Textainer Group Holdings Limited (NYSE: TGH) (“Textainer” or the “Company”), one of the world’s largest lessors of intermodal containers, today announced that Textainer Marine Containers VI Limited (“TMCL VI”), an indirect, wholly-owned subsidiary of the Company, closed a $300 million, seven year fixed rate term financing with a lender group comprised of a financial institution and an institutional investor. The facility partially amortizes and the remaining principal is due in full in seven years. The weighted average life of the deal is approximately five years and is secured by a pledge of TMCL VI’s intermodal shipping container assets. The proceeds of the financing were used to pay down certain short-term debt. “The financing is an innovative private ABS structure with one of our financing partners and a traditional ABS notes investor. The deal increases our ratio of fixed rate debt and frees up borrowing capacity in our short-term facilities which we intend to use for additional container investments,” commented Hilliard C. Terry, III, Textainer Executive Vice President and Chief Financial Officer.” Textainer Group Holdings Limited Hilliard C. Terry, III, +1 415-658-8214 Executive Vice President and Chief Financial Officer ir@textainer.com” Trencor Services (Pty) Ltd Secretaries 21 February 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) www.trencor.net Date: 21/02/2018 09:16:00 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.