PPG Directors Raise Dividend

PITTSBURGH--April 20, 2006--The board of directors of PPG Industries today raised the quarterly dividend on the company's common stock to 48 cents from 47 cents a share, payable June 12 to shareholders of record May 10, 2006.

With the increase announced today, PPG has raised annual dividend payments every year since 1972. PPG has paid dividends without interruption since 1899.

In addition, the company announced today it plans to begin repurchasing stock under a 10 million share authorization approved by PPG's board of directors in the fourth quarter of 2005.

"Today's dividend increase reflects our confidence in PPG's continued earnings growth and our commitment to reward shareholders," said Charles E. Bunch, chairman and chief executive officer. "Also, based on our consistent and strong cash flow, and after funding a higher level of business growth initiatives, we expect to use excess cash to repurchase PPG stock."

The authorization may be implemented through purchases either in the open market or through private transactions, in accordance with Securities and Exchange Commission requirements. As of March 31, 2006, there were 165 million shares of PPG common stock outstanding.

Forward-Looking Statement

Statements contained herein relating to matters that are not historical facts are forward-looking statements reflecting PPG's current view with respect to future events and financial performance. These matters involve risks and uncertainties that may affect PPG's operations, as discussed in PPG's filings with the Securities and Exchange Commission pursuant to Sections 13(a), 13(c) or 15(d) of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. Accordingly, many factors may cause actual results to differ materially from the forward-looking statements contained herein. Such factors include increasing price and product competition by foreign and domestic competitors, fluctuations in cost and availability of raw materials and energy, the ability to maintain favorable supplier relationships and arrangements, economic and political conditions in international markets, foreign exchange rates and fluctuations in such rates, and the unpredictability of existing and possible future litigation, including litigation that could result if the asbestos settlement discussed in PPG's filings with the Securities and Exchange Commission does not become effective. However, it is not possible to predict or identify all such factors. Consequently, while the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on PPG's consolidated financial condition, operations or liquidity. Possible risks and uncertainties regarding the forward-looking statements include PPG's determination from time to time whether to purchase any shares under the share repurchase authorization. All information in this news release speaks only as of April 20, 2006, and any distribution of this news release after that date is not intended and will not be construed as updating or confirming such information.