News Release

Tredegar Board Declares Dividend
08/31/2004 at 2:31 PM EDT

RICHMOND, Va., Aug. 31 /PRNewswire-FirstCall/ -- The board of directors of Tredegar Corporation (NYSE: TG) declared a quarterly dividend of four cents per share on the company's common stock. The dividend is payable on October 1, 2004, to shareholders of record on September 17, 2004.

Based in Richmond, Va., Tredegar Corporation is a global manufacturer of plastic films and aluminum extrusions. Tredegar is also developing and marketing bone graft substitutes through its Therics subsidiary.

SOURCE Tredegar Corporation

CONTACT: Mitzi S. Reynolds of Tredegar Corporation, +1-804-330-1134,
Fax: +1-804-330-1177, or
Web site: