LOEWS CORP — Director's Dealing 2009

Aug 31, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2009-08-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-27	Common Stock	M	11250	$19.61	Acquired	11250	Direct
2009-08-27	Common Stock	S	11250	$33.62	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-08-27	Stock Option	$19.61	M	11250	Disposed	2014-01-16	Common Stock (11250)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $33.61 and $33.67. 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 16, 2005.

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