LOEWS CORP — Director's Dealing 2009

Sep 25, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2009-09-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-09-23	Common Stock	M	5625	$23.68	Acquired	5625	Direct
2009-09-23	Common Stock	S	5625	$34.64	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-09-23	Stock Option	$23.68	M	5625	Disposed	2015-01-20	Common Stock (5625)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $34.64 and $34.65. 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 at each separate price sold.

F2: The option becomes 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.