Kodak Acts to Strengthen Financial Position

ROCHESTER, NY—Sept. 16, 2009—Eastman Kodak Co. (NYSE:EK) announced today that it expects to raise up to $700 million through a series of financing transactions, including a commitment from Kohlberg Kravis Roberts & Co. L.P. (KKR) managed investment vehicles to purchase up to $400 million in Senior Secured Notes due 2017, that reinforces the company’s strategic direction and strengthens its financial position.