News Release

Tredegar Board Declares Dividend
10/30/2008 at 2:25 PM EDT

RICHMOND, Va., Oct. 30 /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, 2009, to shareholders of record at the close of business on December 11, 2008.

Based in Richmond, Va., Tredegar Corporation is a global manufacturer of plastic films and aluminum extrusions.

SOURCE Tredegar Corporation

CONTACT: D. Andrew Edwards, Corporate Communications of Tredegar
Corporation, +1-804-330-1041, Fax, +1-804-330-1777,