May 16 (Reuters) - Tredegar Corp ( TG ):

* UPDATE ON THE BRAZILIAN MERGER REVIEW PROCESS FOR THE SALE

OF

TERPHANE TO OBEN GROUP

* TREDEGAR CORP ( TG ): SG-CADE ISSUED A NON-BINDING OPINION

RECOMMENDING

REJECTION OF TRANSACTION

* TREDEGAR CORP ( TG ) - BRAZILIAN MERGER REVIEW: SG-CADE REJECTS

TREDGAR-OBEN DEAL

* TREDEGAR CORP ( TG ) - TREDGAR CONFIDENT IN SALE OF TERPHANE TO

OBEN

GROUP

* TREDEGAR CORP ( TG ): CADE'S MAXIMUM DEADLINE FOR COMPLETING

REVIEW,

ANALYSIS, DELIVERING FINAL DECISION REGARDING TRANSACTION

REMAINS NO LATER THAN NOV 18

* TREDEGAR CORP ( TG ) - TREDGAR TO COOPERATE WITH CADE TRIBUNAL

AMID

MERGER REVIEW

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