NEW YORK--(BUSINESS WIRE)--Aug. 16, 2005--Loews Corporation (NYSE:LTR) announced today the declaration of the Company's quarterly dividend of $0.15 per share of Common Stock, payable September 12, 2005 to shareholders of record on September 1, 2005.

CONTACT: Loews Corporation
Peter W. Keegan, 212-521-2950
Candace Leeds, 212-521-2416
or
Investor Relations
Joshua E. Kahn, 212-521-2788

SOURCE: Loews Corporation