Textainer extends and reprices its US$1,2 billion warehouse facility TRENCOR LIMITED (Incorporated in the Republic of South Africa) (Registration No 1955/002869/06) Share Code: TRE ISIN: ZAE000007506 ("Trencor") TEXTAINER EXTENDS AND REPRICES ITS US$1,2 BILLION WAREHOUSE FACILITY We draw attention to the following news release issued by Textainer Group Holdings Limited, in which Trencor has a 47,49% interest: "Hamilton, Bermuda, July 29, 2019/PRNewswire/ - Textainer Group Holdings Limited (NYSE: TGH) ("Textainer"), one of the world's largest lessors of intermodal containers, today announced that Textainer Marine Containers II Limited ("TMCL II"), an indirect, wholly-owned subsidiary of the Company, completed an amendment to extend the term and lower pricing on its $1.2 billion warehouse facility used to acquire intermodal containers. The facility incorporates a three-year revolving period that was extended to July 2022. If not refinanced or renewed following the three-year revolving period, the facility will partially amortize over the following four years and then mature on July 2026. Pricing on the facility consists of a spread over the London Interbank Offered Rate (LIBOR). The spread was reduced from 1.90% to 1.75%. "We are pleased with the successful extension of our warehouse facility and the continued support of our bank group. The attractive terms and pricing of this facility improves Textainer's capital structure and flexibility to competitively pursue additional intermodal container investment," commented Michael K. Chan, Textainer Executive Vice President and Chief Financial Officer." Contact Information Investor Relations +1 415-658-8333 ir@textainer.com” Trencor Services Proprietary Limited Secretaries 29 July 2019 Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) www.trencor.net Date: 29/07/2019 03:02:00 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.