LOEWS CORP — Director's Dealing 2006

Dec 5, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (LTR;CG)
CIK: 0000060086
Period of Report: 2006-12-01

Reporting Person: REBELL ARTHUR L (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-01	Common Stock	M	25000	$19.71	Acquired	25000	Direct
2006-12-01	Common Stock	S	25000	$40.20	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-01	Stock Option	$19.71	M	25000	Disposed	2012-01-30	Common Stock (25000)	Direct

Footnotes

F1: The option became exercisable in four equal annual installments beginning on January 30, 2003.

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