NEW YORK--(BUSINESS WIRE)--Aug. 19, 2003--Loews Corporation (NYSE:LTR) announced today the declaration of the Company's quarterly dividend of $0.15 per share of Common Stock, payable September 15, 2003 to shareholders of record on September 2, 2003.

CONTACT: Loews Corporation, New York
Candace Leeds, 212-521-2416
or
Joshua E. Kahn, 212-521-2788

SOURCE: Loews Corp.