EXHIBIT 99.1

GENERAL FINANCE CORPORATION REPORTS FOURTH QUARTER AND FULL YEAR RESULTS FOR FISCAL YEAR 2016

PASADENA, CA – September 6, 2016 – General Finance Corporation (NASDAQ: GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions in North America and in the Asia-Pacific region of Australia and New Zealand (the "Company"), today announced its consolidated financial results for the fourth quarter and full year ended June 30, 2016.

Fourth Quarter 2016 Highlights
·
Total revenues were $72.3 million, compared to $65.3 million for the fourth quarter of fiscal year 2015.
·
Leasing revenues comprised 57% of total non-manufacturing revenues versus 64% for the fourth quarter of fiscal year 2015.
·
Leasing revenues increased by 11%, excluding the oil and gas sector and the unfavorable foreign exchange impact.
·
Adjusted EBITDA was $13.9 million, comparable to the fourth quarter of fiscal year 2015.
·
Adjusted EBITDA margin was 19%, compared to 21% in the fourth quarter of fiscal year 2015.
·
Net loss attributable to common shareholders was $3.8 million, or $0.15 per diluted share, compared to $3.1 million, or $0.12 per diluted share, for the fourth quarter of fiscal year 2015. The fourth quarter 2016 net loss included $2.0 million of pre-tax write-downs to portable liquid storage tank container inventories and intangible  and other assets, primarily in our North American manufacturing operations, and $0.7 million of pre-tax charges related to severance costs and CEO retirement compensation in our Asia-Pacific operations.
·
Average fleet unit utilization was 73%, compared to 75% in the fourth quarter of fiscal year 2015.
·
Completed one acquisition in North America during the quarter.

Fiscal Year 2016 Highlights
·
Total revenues were $285.9 million, compared to $303.8 million for fiscal year 2015.
·
Leasing revenues comprised 60% of total non-manufacturing revenues versus 69% for fiscal year 2015.
·
Leasing revenues increased by approximately 12%, excluding the oil and gas sector and the unfavorable foreign exchange impact.
·
Adjusted EBITDA was $60.8 million, compared to $84.2 million for fiscal year 2015.
·
Adjusted EBITDA margin was 21%, compared to 28% in fiscal year 2015.
·
Net loss attributable to common shareholders was $9.0 million, or $0.35 per diluted share, compared to net income attributable to common shareholders of $3.5 million, or $0.13 per diluted share, for fiscal year 2015. In addition to the charges noted above, included in the fiscal year 2016 net loss is a $2.7 million pre-tax goodwill impairment charge related to our North American manufacturing operations.
·
Average fleet unit utilization was 76%, compared to 80% for fiscal year 2015.
·
Completed six acquisitions during fiscal year 2016, four in North America and two in the Asia-Pacific region.

Management Commentary
"In fiscal year 2016, we continued to generate higher revenues across most non-energy sectors in North America based upon our diversified customer base and expanding geographic presence," said Ronald Valenta, President and Chief Executive Officer. "However our performance in North America continues to be impacted by the reduced drilling activity and ongoing uncertainty in the oil and gas markets. In the Asia-Pacific region, healthy demand in the transportation and construction sectors more than offset declines in the oil and gas and government sectors and the negative impact of a declining Australian dollar relative to the U.S. dollar. We continued to implement our geographic expansion strategy by completing six container-based acquisitions in the non-energy sector during the fiscal year, as well as adding six greenfield locations, four in North America and two in the Asia-Pacific region."

Charles Barrantes, Executive Vice President and Chief Financial Officer, commented, "We continue to manage our working capital and fleet investment, which resulted in increased operating cash flow and fleet growth in fiscal year 2016. The long useful lives and low maintenance requirements of our lease fleet enhances cash flow and allows us the flexibility to allocate capital between organic fleet expansion and adding new locations. These factors and our capital allocation decisions enabled us to add ten new locations to our leasing operations and expand our lease fleet this past fiscal year, while actually reducing our organic fleet investment."

1

The following information was filed by General Finance Corp (GFN) on Tuesday, September 6, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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