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Kodak Board Elects Kyle Prechtl Legg to Board of Directors

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  Published in House and Home on Wednesday, September 22nd 2010 at 5:40 GMT by Market Wire
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ROCHESTER, N.Y.--([ BUSINESS WIRE ])--Eastman Kodak Company (NYSE:EK) announced today that Kyle Prechtl Legg, former Chief Executive Officer of Legg Mason Capital Management (LMCM), was elected to the companya™s Board of Directors, effective immediately.

"Kyle is an outstanding choice to serve on Kodaka™s board. She brings to Kodak a deep understanding of capital markets, corporate governance, asset allocation, and risk management. I am pleased to welcome her to our Board."

Ms. Legg, 58, has more than 30 years of professional experience in the investment industry. She joined Legg Mason Capital Management in 1991, was named President of the firm in 1997, and Chief Executive Officer in March 2006. At LMCM, she built a leading global equity investment management business serving high-end institutional clients, including some of the worlda™s largest sovereign wealth funds, domestic and foreign company pension plans, corporate funds, endowments, and foundations. Prior to joining Legg Mason, she was a securities analyst with Alex, Brown & Sons.

aAs part of our Boarda™s continuous efforts to enhance the breadth of perspectives of our directors, we solicited the views of our institutional investors on potential director candidates,a said Antonio M. Perez, Chairman and Chief Executive Officer, Eastman Kodak Company. aKyle is an outstanding choice to serve on Kodaka™s board. She brings to Kodak a deep understanding of capital markets, corporate governance, asset allocation, and risk management. I am pleased to welcome her to our Board.a

Ms. Legg will serve on the Kodak Boarda™s Corporate Responsibility and Governance Committee and the Executive Compensation Committee. As a non-employee director, she will also participate in the companya™s Director Compensation Program.

A Chartered Financial Analyst, Ms. Legg received her Bachelor of Arts degree in mathematics from Goucher College in 1972, a Juris Doctor degree from the University of Baltimore in 1978, and in 1981 earned her Master of Business Administration degree from Loyola College.

Ms. Legga™s election brings the Kodak Board membership to 15, only one of whom, Antonio Perez, is an employee of the company.

About Kodak

As the world's foremost imaging innovator, Kodak helps consumers, businesses, and creative professionals unleash the power of pictures and printing to enrich their lives.

To learn more, visit [ www.kodak.com ] and follow our blogs and more at [ www.kodak.com/go/followus ].

More than 75 million people worldwide manage, share and create photo gifts online at KODAK Gallery--join today at [ www.kodakgallery.com ].

Choose from the widest selection of Kodak digital cameras, all-in-one inkjet printers, pocket video cameras and more at [ http://store.kodak.com ].

2010