Market Overview

Philip Brewer, President and CEO of Textainer Group Holdings Limited Retires and Olivier Ghesquiere Promoted to President and CEO of TGH


Textainer Group Holdings Limited ("TGH", "Textainer" and the "Company"),
one of the world's largest lessors of intermodal containers, today
announced that after 22 years of dedicated service to Textainer, Philip
K. Brewer, the Company's President and Chief Executive Officer, has

As part of the succession planning process, the Board of Directors of
TGH is pleased to announce that it has appointed Olivier Ghesquiere,
currently Executive Vice President - Leasing, to be the President and
CEO of TGH effective Monday, August 13, 2018. Mr. Ghesquiere will also
be appointed to the Company's Board of Directors as a Class II director.

Mr. Brewer has served as Textainer's President and CEO since September
2011. He joined Textainer in 1996 and held positions responsible for
finance, risk management and resale prior to his tenure as CEO.

Mr. Ghesquiere joined Textainer in December 2015 as Senior Vice
President for Sales and Marketing and was promoted to Executive Vice
President-Leasing in January 2017. He previously worked at Groupe Ermewa
S.A. as Chief Executive Officer where he was responsible for growing the
railcar and locomotive fleet to become the second largest in Europe.
Prior to Groupe Ermewa S.A., he was the Managing Director for Eurotainer
S.A. where he developed their tank container business and served as vice
chairman and chairman of the International Tank Container
Organization (ITCO) leasing committee.

Hyman Shwiel, Chairman of TGH, commented, "The Board of Directors and
Textainer's employees thank Mr. Brewer for his many years of dedicated
service and leadership to the Company, during which time Textainer has
grown to be one of the largest lessors of intermodal containers. We wish
him the best of luck in his well-deserved retirement and will always
consider him a valuable member of the Textainer family. Mr. Ghesquiere
has been a part of the Textainer Executive Management Team for the last
two years and has proven to be a talented leader. The Board of Directors
is confident in his successful transition to President and CEO."

Mr. Brewer stated, "I have had the enormous privilege of working at
Textainer for 22 years, seven of which were as President and CEO. During
that time, I have been honored to work with the industry's most
dedicated group of professionals focused on serving our more than 300
shipping line customers located around the world. Given Textainer's
improving financial performance, strong financial position and a
customer base which is increasingly relying on container lessors for
support, I believe the time is right for Textainer to move forward with
a new CEO. Mr. Ghesquiere's more than 25 years of equipment leasing
industry experience working in both Asia and Europe make him uniquely
qualified to lead Textainer in the years ahead."

About Textainer Group Holdings Limited

Textainer has operated since 1979 and is one of the world's largest
lessors of intermodal containers with approximately 3.4 million TEU in
our owned and managed fleet. We lease containers to approximately 300
customers, including all of the world's leading international shipping
lines, and other lessees. Our fleet consists of standard dry freight,
dry freight specials, and refrigerated intermodal containers. We also
lease tank containers through our relationship with Trifleet Leasing and
are the primary supplier of containers to the U.S. Military. Textainer
is one of the largest and most reliable suppliers of new and used
containers. In addition to selling older containers from our lease
fleet, we buy older containers from our shipping line customers for
trading and resale. We sold an average of more than 130,000 containers
per year for the last five years to more than 1,400 customers making us
one of the largest sellers of used containers. Textainer operates via a
network of 14 offices and more than 500 independent depots worldwide.

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