Press Release

WINCHESTER, Va.--(BUSINESS WIRE)--Nov. 20, 2000--Trex Company (NYSE:TWP), manufacturer of Trex(R) Easy Care Decking(R), has received the IndustryWeek Magazine's "Growing Companies 25" award. IndustryWeek, the leading publication covering manufacturing and industry, recognized 25 of North America's most successful small manufacturers. Trex decking is a splinter-free decking lumber that requires no stains or sealants for protection and will not rot, crack or warp.

IndustryWeek's Growing Companies 25 Awards measures manufacturers' success and growth potential in several areas, including competitive strengths, strategies for long-term growth and profitability, revenues, productivity, human resources and use of technology. "The Growing Companies 25 are small and mid-sized public and private companies that are laying a foundation of 'best practices' that will allow them to grow successfully and profitably," said Patricia Panchak, IndustryWeek's executive editor. "IndustryWeek is recognizing companies that are not merely growing quickly," added Panchak. "We wanted to profile companies that are managing and guiding their growth, while at the same time preparing a foundation for the future needs of their customers, stakeholders and employees."

Among its winning achievements, Trex Company demonstrated that it has built a brand in the decking lumber category, traditionally a commodity market. In the year 2000, two out of three non-wood decks were made with Trex decking, the brand contractors and homeowners ask for by name. Non-wood decking comprises about 4% of the estimated $2 billion decking market, which represents a major growth opportunity for brand-leader Trex Company.

According to Harry Monahan, Senior Vice President of Manufacturing, "We are very pleased that IndustryWeek has recognized our ability to manage our tremendous growth, while increasing revenues and profitability. We feel that our management approach has a great deal to do with our success. For example, Trex Company's manufacturing function embraces the empowerment concept by using self-directed production teams to keep pace with sales growth. We plan to continue to use the team concept as we expand the manufacturing facilities in Winchester, VA and Fernley, NV, and build our third facility in 2001, as production is expected to double over the next two years."

Last month, Trex Company was ranked #1 on Forbes list of the "200 Best Small Companies in America" and in May 2000, was named one of Business Week's "Top 100 Hot Growth Companies." Trex Co. also won the "Inherit the Earth" Gold Medal, a national award recognizing successful companies that combine environmental stewardship with jobs, productivity and profits.

The companies selected will be profiled in IndustryWeek's November 20, 2000 issue and the best practices and performance achievement profiles will be featured on the magazine's website at www.industryweek.com on Nov. 22.

Trex Company is the nation's largest manufacturer of non-wood decking, which is marketed under the brand name Trex(R). Trex Wood-Polymer(TM) lumber offers an attractive appearance and the workability of wood without the ongoing need for protective sealants or repairs. Trex decking is manufactured in a proprietary process that combines waste wood fibers and reclaimed polyethylene and is used primarily for residential and commercial decking. The Company sells its products through 73 wholesale distribution locations, which in turn sell Trex decking to more than 2,500 independent contractor-oriented retailer lumberyards across the United States.

For a Trex decking dealer near you, call 1-800-BUY-TREX (289-8739) or for dealers and product details, visit their website at www.trex.com.

Trex(R)Easy Care Decking(R)and Wood-Polymer(TM)Lumber(TM)are trademarks of Trex Company, Inc., Winchester, VA.

The statements in this press release regarding the Company's expected sales performance and operating results, its anticipated financial condition and its business strategy constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks and uncertainties that could cause the Company's actual operating results to differ materially. Such risks and uncertainties include the extent of market acceptance of the Company's products, the Company's ability to increase its manufacturing capacity, the sensitivity of the Company's business to general economic conditions and the highly competitive markets in which the Company operates. The Company's report on Form 10-K filed with the Securities and Exchange Commission on March 22, 2000 discusses some of the important factors that could cause the Company's actual results to differ materially from those expressed or implied in these forward-looking statements. The Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

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