LOEWS CORP — Director's Dealing 2013

May 23, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LOEWS CORP (L)
CIK: 0000060086
Period of Report: 2013-05-22

Reporting Person: SCOTT GLORIA R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-22	Common Stock	M	1500	$41.85	Acquired	1500	Direct
2013-05-22	Common Stock	M	1500	$42.02	Acquired	3000	Direct
2013-05-22	Common Stock	M	2250	$43.89	Acquired	5250	Direct
2013-05-22	Common Stock	D	4815	$46.62	Disposed	435	Direct
2013-05-22	Common Stock	S	435	$46.36	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-22	Stock Appreciation Right	$41.85	M	1500	Disposed	2016-12-31	Common Stock (1500)	Direct
2013-05-22	Stock Appreciation Right	$42.02	M	1500	Disposed	2021-06-30	Common Stock (1500)	Direct
2013-05-22	Stock Appreciation Right	$43.89	M	2250	Disposed	2023-03-29	Common Stock (2250)	Direct

Footnotes

F1: Represents the weighted average price of multiple transactions with a range of prices between $46.30 and $46.39. 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 Reporting Person received the Derivative Security pursuant to a stock appreciation right grant at no cost.