LOEWS CORP — Director's Dealing 2006

Jun 30, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (LTR;CG)
CIK: 0000060086
Period of Report: 2006-06-30

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-06-30	Stock Appreciation Right	$34.89	A	11250	Acquired	2016-01-31	Common Stock (11250)	Direct

Footnotes

F1: The stock appreciation right becomes exercisable in four equal annual installments beginning on January 31, 2007.

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