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Renewal of cautionary announcement

24 March 2017

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

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement issued on 3 October 2016 and to the renewals of cautionary announcement issued on 11 November 2016, 28 December 2016 and 9 February 2017, as well as to Trencor’s announcement published on 17 February 2017 in which attention was drawn to the publication of Textainer’s 2016 results and the fact that the impact of the Hanjin bankruptcy, suffered by Textainer, on Trencor under IFRS remained uncertain and could only be determined after further major analysis.

Shareholders are advised that this determination continues and will be completed as soon as reasonably practical. Accordingly, shareholders are reminded to continue to exercise caution when dealing in their Trencor shares until a further announcement is made.

Trencor Services (Pty) Ltd
Secretaries
24 March 2017

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