News Release

Tredegar Board Declares Dividend
02/22/2007 at 2:51 PM EST

RICHMOND, Va., Feb. 22 /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, 2007, to shareholders of record at the close of business on March 16, 2007. Based in Richmond, Va., Tredegar Corporation is a global manufacturer of plastic films and aluminum extrusions.

SOURCE  Tredegar Corporation
    -0-                             02/22/2007
    /CONTACT:  D. Andrew Edwards of Tredegar Corporation, Phone:
+1-804-330-1041, Fax: +1-804-330-1177, daedward@tredegar.com/
    /Web site:  http://www.tredegar.com /
    (TG)

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

GH-AR
-- DCTH104 --
0016 02/22/2007 14:49 EST http://www.prnewswire.com