1
                                           Exhibit (99)


Media Contacts:
Gerard Meuchner          Anthony Sanzio
585-724-4513             585-781-5481
gerard.meuchner@kodak.com     anthony.sanzio@kodak.com

Kodak Prices $500 Million of 3.375% Convertible Senior Notes

ROCHESTER, N.Y., Oct. 8 - Eastman Kodak Company announced
that it has priced $500 million of 3.375% convertible senior
notes to qualified institutional buyers pursuant to Rule 144A
under the Securities Act of 1933.
  These notes, which pay interest each April and October,
have a term of 30 years, with a right by the company to call
them on or after seven years, and a right by holders to put
their notes at various times on or after seven years.
  The notes are convertible into Kodak common stock at a
price of $31.02, equal to a conversion premium of
approximately 47% based on the closing price of $21.10 on
Oct. 7.
  The terms of the offering include an option exercisable by
the initial purchasers to purchase up to an additional $75
million in aggregate principal amount of the notes.  These
notes will be senior unsecured obligations of the company.
  The proceeds from this offering will be used to repay a
portion of Kodak's commercial paper borrowings and to
partially fund Kodak's previously announced acquisition of
PracticeWorks, Inc.
  This press release does not constitute an offer to sell or
the solicitation of an offer to buy securities.  The offering
was made only to qualified institutional buyers.  The
convertible senior notes have not been registered under the
Securities Act of 1933 or state securities laws and may not
be offered or sold in the United States absent registration
or an applicable exemption from the registration
requirements.

                                #
Editor's Note:  For additional information about Kodak, visit
our web site on the Internet at www.kodak.com

2003