News Release

Tredegar Board Declares Dividend
05/18/2006 at 3:10 PM EDT
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RICHMOND, Va., May 18 /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, 2006, to shareholders of record on June 16, 2006.

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

SOURCE  Tredegar Corporation
    -0-                             05/18/2006
    /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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