Kodak’s Quarterly Report Highlights Progress in Business Transformation

• Film, Photofinishing and Entertainment Group third-quarter sales were $389 million, a 10 percent decline from the year-ago quarter, driven by continuing industry-related volume declines. Third-quarter earnings from operations for the segment were $15 million, compared with earnings of $28 million in the year-ago period. This decrease in earnings was primarily driven by significantly increased raw material costs, particularly silver, and industry-related declines in volumes, largely offset by cost reductions and price actions across the segment.

Update on Intellectual Property Activities