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Letter to the Editor

PPG Strongly Recommends Shareholders Reject Mini-Tender Offer

PITTSBURGH -- PPG Industries strongly recommends that shareholders reject an offer by TRC Capital Corporation to purchase up to 5,750,000 shares of PPG common stock at a price of $45.75 per share.

Neither PPG nor its officers or directors are associated with TRC.

The market price of PPG common stock at the close of business yesterday was $49.94 per share, meaning TRC's offer price is below what shareholders could receive by selling their shares in the public market.

The Securities and Exchange Commission has warned investors that some companies make "mini-tender" offers at "below-market prices, hoping that they will catch investors off guard if the investors do not compare the offer price to the current market price." The SEC defines mini-tenders as offers for less than 5 percent of a company's stock.

PPG suggests shareholders direct questions to their investment advisers.

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