Tronox Incorporated Announces Global Titanium Dioxide Production Strategy

Oklahoma City, Feb. 22, 2007 - Tronox Incorporated (NYSE: TRX, TRX.B) today announced its global titanium dioxide (TiO2) strategy to optimize assets by focusing on capturing opportunities presented by the company's chloride technology expertise, strong customer base and the rapid growth of the Asia-Pacific market.

Consistent with this strategy, on Feb. 13 Tronox announced plans to increase annual capacity at the Tiwest pigment plant by 40,000 to 50,000 tonnes, providing the opportunity for increased sales into the Asia-Pacific region where demand grew approximately 11% to 13% in 2006. The company estimates the total expansion cost will be in the range of $35 million to $45 million. The new capacity is expected to come on line in 2009. Tiwest is a 50/50 joint venture between Tronox Western Australia Pty Ltd and a subsidiary of Exxaro Resources Limited.

Also in line with its strategic objectives, Tronox's Botlek, Netherlands, chloride process TiO2 plant has demonstrated its ability to consistently run at higher rates of up to 90,000 tonnes. This increase above the previous stated 72,000-tonne capacity was achieved over several years through low-cost process improvements, improved uptime and debottlenecking, and was timed to meet the growing European market demands for high-quality chloride process pigment. The Botlek plant's organic growth contributed to the company's 1.6% production volume increase in 2006. In addition to meeting the growing chloride demands of the Asia-Pacific and European regions, an integral part of Tronox's global strategy will be a continued focus of resources, competencies and efforts dedicated to the Americas.

As it continues to execute on its strategic plan, Tronox will allocate resources and capital to capture opportunities presented by the company's strengths and expertise in chloride process technology and the growing Asia-Pacific market. As such, the company has hired investment banking firm Robert W. Baird & Co. to explore strategic options to optimize the value of Tronox's only sulfate process TiO2 plant, which is located in Uerdingen, Germany.

"Our 107,000-tonne capacity Uerdingen facility is world class, with talented employees who produce a very high-quality pigment demanded by many specialty markets," said Tom Adams, Tronox chairman and chief executive officer. "Although this is a valuable asset, it does not fit our present strategy. With a high level of interest shown in this asset, we are evaluating opportunities to optimize its value to Tronox."

Tronox will provide additional details on its global strategy during its fourth-quarter 2006 earnings conference call today at 11 a.m. EST. Interested parties may listen to the call via Tronox's website at www.tronox.com or by calling 1-866-362-4829 in the United States or 617-597-5346 outside the United States. The code for both dial-in numbers will be 30276883. A replay of the call will be available for 48 hours at 1-888-286-8010 in the United States or 617-801-6888 outside the United States. The code for the replay will be 88917378. The webcast will be archived for 30 days on the company's website.

About Tronox

Headquartered in Oklahoma City, Tronox is the world's third-largest producer and marketer of titanium dioxide pigment, with an annual production capacity of 642,000 tonnes. Titanium dioxide pigment is an inorganic white pigment used in paint, coatings, plastics, paper and many other everyday products. The company's five pigment plants, which are located in the United States, Australia, Germany and the Netherlands, supply high-performance products to more than 1,100 customers in approximately 100 countries. In addition, Tronox produces electrolytic products, including sodium chlorate, electrolytic manganese dioxide, boron trichloride, elemental boron and lithium manganese oxide. For information on Tronox, visit www.tronox.com.

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Forward-Looking Statements: Some information in this news release regarding the company's or management's intentions, beliefs or expectations, or that otherwise speak to future events, are "forward-looking statements" within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include those statements preceded by, followed by or that otherwise include the words "believes," "will," "expects," "anticipates," "intends," "estimates," "projects," "target," "budget," "goal," "plans," "objective," "outlook," "should," or similar words. Future results and developments discussed in these statements may be affected by numerous factors and risks, such as the accuracy of the assumptions that underlie the statements, the market value of Tronox's products, demand for consumer products for which Tronox's businesses supply raw materials, the financial resources of competitors, changes in laws and regulations, the ability to respond to challenges in international markets, including changes in currency exchange rates, political or economic conditions in areas where Tronox operates, trade and regulatory matters, general economic conditions, and other factors and risks identified in the Risk Factors Section of Tronox's Annual Report on Form 10-K and Form 10-Q, as filed with the U.S. Securities and Exchange Commission (SEC), and other SEC filings. Actual results and developments may differ materially from those expressed or implied in this news release. The company does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made. Investors are urged to consider closely the disclosures and risk factors in Tronox's Annual Report on Form 10-K available on Tronox's website, www.tronox.com. This also can be obtained from the SEC by calling 1-800-SEC-0330.

Investor Contact:Robert Gibney
Direct: 405-775-5105
E-mail: robert.gibney@tronox.com
Media Contact:Robert Gibney
Direct: 405-775-5105
E-mail: robert.gibney@tronox.com