2009-11-10 18:25:03 -

Loews Corporation (NYSE: L) announced today the declaration of the Company’s quarterly dividend of $0.0625 per share of Common Stock, payable December 11, 2009 to shareholders of record on November 30, 2009.

Loews Corporation, a holding company, is one of the largest diversified corporations in the United States. Its principal subsidiaries are CNA Financial Corporation (NYSE: CNA), a 90% owned subsidiary;

Diamond Offshore Drilling, Inc. (NYSE: DO), a 50.4% owned subsidiary; HighMount Exploration & Production LLC, a wholly owned subsidiary; Boardwalk Pipeline Partners, LP (NYSE: BWP), a 72% owned subsidiary; and Loews Hotels, a wholly owned subsidiary.

Loews CorporationPeter W. Keegan, 212-521-2950Chief
Financial OfficerorDarren Daugherty, 212-521-2788Investor
RelationsorCandace Leeds, 212-521-2416Public Affairs