Exhibit (99.1)

EASTMAN KODAK COMPANY


Media Contact:
David Lanzillo, 585-781-5481, david.lanzillo@kodak.com


Kodak Names ConAgra Foods CFO Frank Sklarsky to Succeed
Robert Brust

Sklarsky to Become New Kodak CFO on Nov. 13


ROCHESTER, N.Y., Oct. 3 - Eastman Kodak Company today named
Frank S. Sklarsky to succeed Robert H. Brust as the company's
Chief Financial Officer.
  Sklarsky, 49, is Executive Vice President and CFO of
ConAgra Foods Inc. He will join Kodak on Oct. 30 as Executive
Vice President, and will become the CFO effective Nov. 13,
subsequent to the company's filing of its Third-Quarter Form
10-Q with the Securities and Exchange Commission. Sklarsky
will report to Kodak Chairman and Chief Executive Officer
Antonio M. Perez.
  Brust, 63, announced in January his intention to retire on
Feb. 1, 2007. During this interim, he will remain with the
company as an Executive Vice President, and will assist
Sklarsky in his transition.
  At ConAgra, one of North America's leading packaged food
companies, Sklarsky implemented a new financial organization,
significantly strengthened the balance sheet, and played a
major role in building credibility with the investment
community. He also helped expand profit margins at the $14
billion company. Prior to ConAgra, which he joined as CFO in
2004, Sklarsky was a senior financial executive at
DaimlerChrysler and Dell Inc. In his 26-year career, he has
developed a reputation for improving the financial
operations, as well as the overall financial performance, of
the companies he has served.
  At Kodak, as with ConAgra, Sklarsky will be responsible for
worldwide financial operations, including Financial Reporting
and Analysis, Treasury, Audit, Controllership, Tax, and
Investor Relations. Sklarsky also will have responsibility
for Information Technology functions, Purchasing and Global
Shared Services.

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  "Frank is exactly the right CFO at this moment in Kodak's
historic transformation," Perez said. "Frank was a key player
in the financial and operational improvements achieved by
ConAgra, as he was at DaimlerChrysler and Dell. He
understands the challenges of large, complex companies that
are going through great change, and he also understands the
speed and urgency demanded by digital markets. I am confident
that Frank will build on the significant contributions of Bob
Brust as we work together to extend Kodak's leadership in
digital markets."
  Sklarsky, a native of Buffalo, New York, is a 1978 graduate
of the Rochester Institute of Technology. He received an MBA
from Harvard Business School in 1983.
  "I am thrilled to be joining the company at this exciting
time in its transformation," Sklarsky said. "I was attracted
to Kodak's innovative portfolio of commercial and consumer
imaging products, all of which contribute to making life
richer and more enjoyable for our customers. The combination
of a global iconic brand and powerful intellectual property
further positions Kodak to achieve sustained success in
digital markets. The company has significant opportunities to
achieve margin expansion in those markets, and I consider it
a privilege to be given the responsibility to help pursue
those opportunities with Antonio and the world-class team he
has assembled."
  Sklarsky was recruited by ConAgra in late 2004 from
DaimlerChrysler, where he was Vice President, Product
Finance, a position he held between 2001 and 2004. Prior to
that, he spent more than one year as Vice President,
Corporate Finance, and Vice President of Dell's $5 billion
consumer business. Sklarsky left Dell when DaimlerChrysler
recruited him back to assist with the company's turnaround
efforts.
  Sklarsky first joined DaimlerChrysler in 1983, and held a
series of increasingly responsible finance positions before
leaving for Dell in 2000. At the time of his departure for
Dell, he was DaimlerChrysler's Vice President, Corporate
Financial Activities. He also has had financial
responsibility for procurement, product quality, cost
management and worldwide manufacturing during his tenure.
   Prior to DaimlerChrysler, Sklarsky, a certified public
accountant, served as a Senior Accountant at Ernst & Young
International from 1978 to 1981.

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