LOEWS CORP — Director's Dealing 2009

Dec 30, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2009-12-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-28	Common Stock	M	4000	$24.32	Acquired	4000	Direct
2009-12-28	Common Stock	S	4000	$36.56	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-28	Stock Option	$24.32	M	4000	Disposed	2016-01-20	Common Stock (4000)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $36.57 and $36.56. The Reporting Person, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities sold at each separate price.

F2: The option became exercisable in four equal annual installments beginning on January 20, 2006.

F3: The Reporting Person received the Derivative Security pursuant to a stock option grant at no cost.