PPG INDUSTRIES INC — Director's Dealing 2004

Jan 28, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PPG INDUSTRIES INC (PPG)
CIK: 0000079879
Period of Report: 2004-01-26

Reporting Person: HERNANDEZ WILLIAM H (Senior Vice President, Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-26	Common Stock	M	19750.0000	$49.0000	Acquired	51137.5520	Direct
2004-01-26	Common Stock	F	18216.0000	$59.1200	Disposed	32921.5520	Direct
2004-01-26	Common Stock	M	10048.0000	$50.3500	Acquired	42969.5520	Direct
2004-01-26	Common Stock	F	9371.0000	$59.1200	Disposed	33598.5520	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-01-26	Employee Stock Option	$49.0000	M	19750.0000	Disposed	2012-02-19	Common Stock (19750.0000)	Direct
2004-01-26	Employee Stock Option	$59.1200	A	18216.0000	Acquired	2012-02-19	Common Stock (18216.0000)	Direct
2004-01-26	Employee Stock Option	$50.3500	M	10048.0000	Disposed	2011-02-13	Common Stock (10048.0000)	Direct
2004-01-26	Employee Stock Option	$59.1200	A	9371.0000	Acquired	2011-02-13	Common Stock (9371.0000)	Direct

Footnotes

F1: Includes 5,244.552171 shares of PPG common stock held in the reporting person's account in the PPG Industries Employee Savings Plan as of December 31, 2003.

F2: Right to buy granted under the PPG Industries, Inc. Stock Plan.

F3: Total of all remaining stock options granted to the reporting person under the PPG Industries, Inc. Stock Plan.