Tronox Incorporated Reports Preliminary 2006 Fourth-Quarter Earnings

Oklahoma City, Feb. 22, 2007 - Tronox Incorporated (NYSE: TRX, TRX.B) today reported preliminary results for the fiscal fourth quarter and the fiscal year ended Dec. 31, 2006.

Highlights

  • Net sales totaled $1,411.6 million in 2006 compared to $1,364.0 million in 2005, an increase of 3.5%, due primarily to increased sales volumes.
  • Titanium dioxide (TiO2) production volumes, including 100% of the Tiwest Joint Venture, increased 1.6% to 598,200 tonnes in 2006 compared with 589,000 tonnes in the prior year.
  • Tronox paid down $8.5 million in debt during the fourth quarter of 2006.
  • Employees achieved their second-best safety performance in 2006 following best-ever employee safety performance in 2005.
  • Tronox exceeded its 2006 Project Cornerstone targets.

    To read the remainder, please download  the complete news release in PDF* format.

* Requires Adobe Reader

# # #

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