| Loews Corporation Elects Dr. Jacob A. Frenkel To Its Board of Directors | | NEW YORK, Nov 30, 2009 (BUSINESS WIRE) -- Loews Corporation (NYSE:L) reported today that Dr. Jacob A. Frenkel has
been elected a director of Loews. Dr. Frenkel is Chairman of the Group
of Thirty (G-30), which is a private, nonprofit, consultative group on
international economic and monetary affairs. He has previously served as
Vice Chairman (non executive) of American International Group, Inc., as
Chairman of Merrill Lynch International Inc. and as Governor of the Bank
of Israel.
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% owner 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.
SOURCE: Loews Corporation
Loews Corporation Candace Leeds V.P. of Public Affairs (212) 521-2416 or Darren Daugherty Investor Relations (212) 521-2788
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