LOEWS CORP — Director's Dealing 2012

Jan 19, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2012-01-17

Reporting Person: TISCH JAMES S (Director, Pres.&Chief Exec. Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-17	Common Stock	M	60000	$19.71	Acquired	4433871	Direct
2012-01-17	Common Stock	S	60000	$38.36	Disposed	4373871	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-17	Stock Option	$19.71	M	60000	Disposed	2012-01-30	Common Stock (60000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10376799	Indirect
Common Stock	10376799	Indirect

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $37.99 and $38.90. 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 stock option became exercisable in four eual annual installments beginning on January 30, 2003.

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