LOEWS CORP — Director's Dealing 2007

Sep 20, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (LTR;CG)
CIK: 0000060086
Period of Report: 2007-09-18

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-18	Common Stock	M	30000	$15.61	Acquired	30000	Direct
2007-09-18	Common Stock	S	1800	$45.95	Disposed	28200	Direct
2007-09-18	Common Stock	S	5500	$45.96	Disposed	22700	Direct
2007-09-18	Common Stock	S	4700	$45.97	Disposed	18000	Direct
2007-09-18	Common Stock	S	4600	$45.98	Disposed	13400	Direct
2007-09-18	Common Stock	S	1700	$45.99	Disposed	11700	Direct
2007-09-18	Common Stock	S	1700	$46.00	Disposed	10000	Direct
2007-09-18	Common Stock	S	8300	$46.80	Disposed	1700	Direct
2007-09-18	Common Stock	S	1700	$46.81	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-18	Stock Option	$15.61	M	30000	Disposed	2013-01-21	Common Stock (30000)	Direct

Footnotes

F1: The option became exercisable in four equal annual installments beginning on January 21, 2003.

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