RICHMOND, VA, May 6, 2008- Tredegar Corporation reported first-quarter net income from continuing operations of $3.8 million (11 cents per share) compared to $11.1 million (28 cents per share) in the first quarter of 2007. Earnings from continuing manufacturing operations in the first quarter were $6.0 million (17 cents per share) versus $11.7 million (29 cents per share) last year. First-quarter sales from continuing operations decreased to $228.5 million from $244.9 million in 2007. On February 12, 2008, Tredegar sold its aluminum extrusions business in Canada.

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