News Release

Tredegar Board Declares Dividend
02/17/2005 at 3:28 PM EST
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RICHMOND, Va., Feb. 17 /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 April 1, 2005, to shareholders of record on March 18, 2005.

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-                             02/17/2005
    /CONTACT:  Mitzi S. Reynolds of Tredegar Corporation, Phone:
+1-804-330-1134, Fax: +1-804-330-1177, mitzireynolds@tredegar.com/
    /Web site:  http://www.tredegar.com /
    (TG)

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

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6421 02/17/2005 15:27 EST http://www.prnewswire.com