Press Release

WINCHESTER, Va.--(BUSINESS WIRE)--May 22, 2000--Trex Company, Inc. (NYSE: TWP), manufacturer of Trex(R) Easy Care Decking(R), has been named one of the top 100 Hot Growth Companies by Business Week magazine. The list of Hot Growth Companies is reported in the May 29 issue on newsstands today.

According to Business Week, to win a position on the list, a company must excel in sales growth, earnings growth, and return on invested capital. To qualify, a company must have sales between $25 million and $500 million, with a market capitalization greater than $25 million. Business Week reported Trex Company's sales for the latest 12 months, ending March 31, 2000, as $90 million, with a three-year average growth rate of more than 45%. Three-year average earnings growth, as calculated by the magazine, was 78.7%.

Trex Company Executive Vice President - Sales and Marketing Andrew Ferrari stated that "we are very pleased that our success is being recognized by Business Week. Our strategy is to build a national brand in what is currently a commodity decking market. Our continuing growth in sales and earnings demonstrates that the brand-building campaign is successfully communicating the benefits of Trex decking to consumers and contractors."

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 62 wholesale distribution locations, which in turn sells Trex decking to more than 2,300 independent contractor-oriented retailer lumberyards across the United States. Company sales have increased from $3.5 million in 1993 to $74.3 million in 1999.

Trex(R) Easy Care Decking(R) and Wood-Polymer 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.

CONTACT: Trex Company, Inc., Winchester
Robert G. Matheny, President
540/678-4070
or
Lippert/Heilshorn & Associates, Inc., New York
John Nesbett/William Walkowiak, CFA
212/838-3777