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Loews Corporation Announces Quarterly Dividend on Common Stock

NEW YORK--(BUSINESS WIRE)--May 13, 2003--Loews Corporation (NYSE:LTR) announced today the declaration of the Company's quarterly dividend of $0.15 per share of Common Stock, payable June 16, 2003 to shareholders of record on June 2, 2003.

CONTACT: Loews Corporation Candace Leeds, 212/521-2416
Investor Relations:
Joshua E. Kahn, 212/521-2788