LOEWS CORP — Director's Dealing 2004

Feb 18, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (LTR;CG)
CIK: 0000060086
Period of Report: 2004-02-17

Reporting Person: HOFMANN HERBERT C (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-17	Common Stock	M	12400	$30.14	Acquired	12400	Direct
2004-02-17	Common Stock	S	11500	$59.06	Disposed	900	Direct
2004-02-17	Common Stock	S	900	$59.27	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-17	Stock Option	$30.14	M	12400	Disposed	2010-01-18	Common Stock (12400)	Direct

Footnotes

F1: The option became exercisable in four equal annual installments beginning on January 18, 2001.

F2: The Reporting Person received the Derivative Security pursuant to a stock option grant at no cost.