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Loews Corporation Elects Charles M. Diker to Its Board Of Directors

NEW YORK--(BUSINESS WIRE)--Aug. 19, 2003--Loews Corporation (NYSE:LTR) reported today that Charles M. Diker has been elected a director of Loews. Diker, a private investment adviser, also serves as Chairman of the Board of Directors of Cantel Medical Corp., a healthcare company, which is a leading provider of infection prevention and control products.

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

SOURCE: Loews Corp.