PPG Directors Announce Dividend Increase

PITTSBURGH, PA. October 17, 2008: The board of directors of PPG Industries yesterday declared a regular quarterly dividend of 53 cents a share, payable Dec. 12, 2008 to shareholders of record Nov. 10.

“We remain proud of our long heritage of increasing dividend payments, as it reflects the company’s overall growth and higher levels of cash generation as well as the value we place in increasing cash returned to our shareholders,” said William H. Hernandez, PPG senior vice president, finance, and chief financial officer.

PPG’s prior quarterly dividend was 52 cents a share. The company has increased its annual dividend payout for 37 consecutive years, paying uninterrupted dividends since 1899.