News Release

Tredegar Board Declares Dividend
10/28/2004 at 4:04 PM EDT
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RICHMOND, Va., Oct. 28 /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 January 1, 2005, to shareholders of record on December 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
    -0-                             10/28/2004
    /CONTACT:  Mitzi S. Reynolds of Tredegar Corporation, +1-804-330-1134,
Fax: +1-804-330-1177, E-mail: mitzireynolds@tredegar.com/
    /Web site:  http://www.tredegar.com /
    (TG)

CO:  Tredegar Corporation
ST:  Virginia
IN:  CHM MNG
SU:  DIV

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