News Release

Tredegar Board Declares Dividend
04/28/2005 at 4:29 PM EDT

RICHMOND, Va., April 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 July 1, 2005, to shareholders of record on June 17, 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-                             04/28/2005
    /CONTACT:  Mitzi S. Reynolds of Tredegar Corporation, +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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9460 04/28/2005 16:27 EDT http://www.prnewswire.com