Kodak Streamlines Film and Photofinishing Group Organizational Structure.

Photographic Paper and Output Systems to Move From Film and Photofinishing Systems Group to Consumer Digital Group; Leadership Change for Entertainment Imaging

ROCHESTER, N.Y. -- Eastman Kodak Company today announced several steps that the company is taking to streamline operations within its Film and Photofinishing Systems Group (FPG).

Mary Jane Hellyar, President of FPG and Senior Vice President, Eastman Kodak Company, will assume the added responsibility of President, Entertainment Imaging (EI) effective January 8, 2007. Eric Rodli, currently President of that business and a Senior Vice President of Eastman Kodak Company, has decided to leave the company.

"Eric Rodli has served Kodak with distinction since joining the company in 2000," said Hellyar. "Under his leadership, EI has remained a stable business and important contributor to Kodak's performance during our digital transformation. As testament to his leadership, when we began to discuss changes in the FPG group portfolio earlier this year, he recognized the opportunity to modify our leadership structure."

"Entertainment Imaging continues to be an important business for Kodak," said Rodli. "Mary Jane has an extensive background in film and digital technologies and has been actively engaged with the EI team. She is the logical leader going forward and will be supported by a strong team of business leaders that have been increasingly empowered to operate the very successful day-to-day Entertainment Imaging business operations. This is the right time for me to pursue new challenges."

In addition to this leadership change, the Paper and Output Systems, Photo Services and Service and Support units will move from FPG to the Retail Printing business unit within the company's Consumer Digital Group, effective January 1, 2007. This move will concentrate FPG's portfolio exclusively on film-related businesses, as well as the digital cinema and services businesses within EI. The group will be composed of three core businesses; Entertainment Imaging, which serves the motion picture industry; Film Capture, which sells consumer and professional films and one-time-use cameras; and Aerial and Industrial Markets, which sells specialty films. In line with this, the group will be renamed the Film Products Group effective January 1, 2007.

About Eastman Kodak Company

Kodak is the world's foremost imaging innovator, providing leading products and services to the photographic, graphic communications and healthcare markets. With sales of $14.3 billion in 2005, the company is committed to a digitally oriented growth strategy focused on helping people better use meaningful images and information in their life and work. Consumers use Kodak's system of digital and traditional image capture products and services to take, print and share their pictures anytime, anywhere; Businesses effectively communicate with customers worldwide using Kodak solutions for prepress, conventional and digital printing and document imaging; Creative Professionals rely on Kodak technology to uniquely tell their story through moving or still images; and leading Healthcare organizations rely on Kodak's innovative products, services and customized workflow solutions to help improve patient care and maximize efficiency and information sharing within and across their enterprise.

More information about Kodak (NYSE: EK) is available at www.kodak.com.