Four Textainer Group (TGH) Execs Enter Stock Trading Plans

June 11, 2008 6:27 PM EDT

Textainer Group Holdings Limited (NYSE: TGH) announced that John A. Maccarone (President, Chief Executive Officer and Director), Ernest J. Furtado (First Vice President, Senior Vice President, Chief Financial Officer and Secretary), Robert D. Pedersen (Executive Vice President) and James E. Hoelter (Director) have established pre-arranged stock trading plans in accordance with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934.

Under the terms of Mr. Maccarone's plan, he may sell up to 500,000 shares over a period of approximately nine months. Under the terms of Mr. Furtado's plan, he may sell up to 60,000 shares over a period of approximately thirteen months. Under the terms of Mr. Pedersen's plan, he may sell up to 200,000 shares over a period of approximately twelve months. Under the terms of Mr. Hoelter's plan, he may sell up to 475,000 shares over a period of approximately seven months. These pre-arranged stock trading plans are intended to allow each of these persons to sell a portion of his shares as part of his individual long-term strategy for asset diversification and liquidity.

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