LOEWS CORP — Director's Dealing 2009

Sep 18, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2009-09-16

Reporting Person: GARSON GARY W (Sr. Vice Pres., GC & Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-09-16	Common Stock	M	5000	$19.71	Acquired	5000	Direct
2009-09-16	Common Stock	S	5000	$35.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-09-16	Stock Option	$19.71	M	5000	Disposed	2012-01-30	Common Stock (5000)	Direct

Footnotes

F1: The stock option became exercisable in four equal annual installments beginning on January 30, 2003.

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