Textainer announces change in Executive Vice President and Chief Financial Officer TRENCOR LIMITED (Incorporated in the Republic of South Africa) (Registration No 1955/002869/06) Share Code: TRE ISIN: ZAE000007506 (“Trencor”) TEXTAINER ANNOUNCES CHANGE IN EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER We draw attention to the following news release issued by Textainer Group Holdings Limited, in which Trencor has a 48% interest: “Hamilton, Bermuda, September 13, 2018 - Textainer Group Holdings Limited (NYSE: TGH) (“Textainer”), one of the world’s largest lessors of intermodal containers, today announced that effective September 30, 2018, Hilliard C. Terry, III, the Company’s Executive Vice President and Chief Financial Officer, will leave the Company to pursue other opportunities outside the industry. At that time, Michael K. Chan, currently the Company’s Senior Vice President of Finance, will be promoted to Executive Vice President and Chief Financial Officer. Mr. Terry joined Textainer in January 2012 as Executive Vice President and CFO. He previously worked at Agilent Technologies, Inc. as Vice President and Treasurer. Mr. Chan re-joined Textainer in April 2017 from Ygrene Energy Fund where he served as CFO and was responsible for raising nearly $1 billion in capital for the residential and commercial clean energy lender. Mr. Chan previously was Senior Director of Treasury and Capital Markets for The Cronos Group, a global intermodal container leasing company, and he held the CFO position for The Chartres Lodging Group. Mr. Chan was Textainer’s Corporate Controller from 1994 through 2006. Mr. Chan is a member of the American Institute of Certified Public Accountants (AICPA). “I wish to thank Hilliard for his many contributions to Textainer over the past seven years and wish him the very best in his future endeavors” said Olivier Ghesquiere, President and Chief Executive Officer of Textainer. “Textainer has greatly benefited from Hilliard’s extensive public company experience, as well as his strong treasury and investor relations capabilities especially during the numerous asset-backed note and bank loan transactions undertaken during his tenure.” Mr. Chan returned to Textainer seventeen months ago after gaining significant experience as CFO and in senior finance roles in several industries. “Michael’s prior CFO experience coupled with his 12 years of experience at Textainer earlier in his career and tenure with Cronos, another leading container lessor, has allowed him to seamlessly transition back into Textainer over the past year and has prepared him well for his new CFO role. Over the past year, Michael and Hilliard have worked together on nearly $3 billion of financing transactions and we are confident that Hilliard is leaving Textainer in a sound financial position and with a capable successor in Michael Chan,” said Mr. Ghesquiere. Contact: Textainer Group Holdings Limited Hilliard C. Terry, III Executive Vice President and Chief Financial Officer Phone: +1 (415) 658-8214 Michael K, Chan Senior Vice President, Finance Phone: +1 (415) 658-8261 ir@textainer.com” Trencor Services (Pty) Ltd Secretaries 14 September 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) www.trencor.net Date: 14/09/2018 08:30:00 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.