LOEWS CORP — Director's Dealing 2006

Apr 4, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (LTR;CG)
CIK: 0000060086
Period of Report: 2006-03-31

Reporting Person: GARSON GARY W (Sr. Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-03-31	Stock Appreciation Right	$102.55	A	3750	Acquired	2016-01-31	Common Stock (3750)	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.