<SEC-DOCUMENT>0001157523-14-001942.txt : 20140506
<SEC-HEADER>0001157523-14-001942.hdr.sgml : 20140506
<ACCEPTANCE-DATETIME>20140506161700
ACCESSION NUMBER:		0001157523-14-001942
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20140506
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140506
DATE AS OF CHANGE:		20140506

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EASTMAN KODAK CO
		CENTRAL INDEX KEY:			0000031235
		STANDARD INDUSTRIAL CLASSIFICATION:	PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861]
		IRS NUMBER:				160417150
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-00087
		FILM NUMBER:		14817287

	BUSINESS ADDRESS:	
		STREET 1:		343 STATE ST
		CITY:			ROCHESTER
		STATE:			NY
		ZIP:			14650-0910
		BUSINESS PHONE:		7167244000

	MAIL ADDRESS:	
		STREET 1:		343 STATE STREET
		CITY:			ROCHESTER
		STATE:			NY
		ZIP:			14650
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a50859159.htm
<DESCRIPTION>EASTMAN KODAK COMPANY 8-K
<TEXT>
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      <font style="font-size: 12pt"><b>UNITED STATES</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>WASHINGTON,
      D.C. 20549</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>FORM
      8-K</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>PURSUANT
      TO SECTION 13 OR 15(d) OF THE</b></font><br><font style="font-size: 12pt; font-family: Times New Roman"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font><br><br><br><font style="font-size: 10pt; font-family: Times New Roman">Date
      of report (Date of earliest event reported): </font><font style="font-size: 10pt; font-family: Times New Roman"><b>May
      6, 2014</b></font><br><br><br><font style="font-size: 14pt; font-family: Times New Roman"><b>Eastman&#160;Kodak
      Company</b></font><br><font style="font-size: 10pt; font-family: Times New Roman">(Exact
      name of registrant as specified in its charter)</font><br><br><br>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
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        <td style="text-align: center; padding-left: 0.0px; width: 35%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>New Jersey</b>
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px; width: 30%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>1-87</b>
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px; width: 35%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>16-0417150</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 35%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 35%" valign="top">
          &#160;
        </td>
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        <td style="text-align: center; padding-left: 0.0px; width: 35%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or Other Jurisdiction of Incorporation)
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 30%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission File<br>Number)
          </p>
        </td>
        <td style="text-align: center; padding-left: 0.0px; width: 35%" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>343 State Street,</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Rochester, New York 14650</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Address
            of Principal Executive Office)</font> <font style="font-size: 10pt; font-family: Times New Roman">(Zip
            Code)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <font style="font-size: 10pt"><b>Registrant&#8217;s telephone number,
      including area code:</b></font><font style="font-size: 10pt"> </font><font style="font-size: 10pt"><b>(585)
      724-4000</b></font><br><br>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Item 2.02 &#160;&#160;&#160;&#160;&#160;&#160;&#160;Results of Operations and Financial Condition</b>
    </p>
    <p>
      On May 6, 2014, Eastman Kodak Company (the &#8220;Company&#8221;) issued a press
      release describing its 2014 first quarter financial results.&#160;&#160;A copy of
      the press release is attached as Exhibit (99.1) to this report.
    </p>
    <p>
      Within the Company&#8217;s press release, reference is made to certain
      non-GAAP financial measures, including the improvement in Net loss on a
      comparable basis, improvement in Operational EBITDA for the Company&#8217;s
      strategic technology businesses, and Operational
      EBITDA.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
    </p>
    <p>
      The Company believes that these non-GAAP measures represent important
      internal measures of performance as used by the Company&#8217;s
      management.&#160;&#160;Accordingly they are provided with the belief that this
      information will assist in properly assessing the underlying performance
      of the Company.&#160;&#160;Whenever such information is presented, the Company has
      complied with the provisions of the rules under Regulation G and Item
      2.02 of Form 8-K.&#160;&#160;In addition to the reason described above, the
      Company&#8217;s management believes that the presentation of the non-GAAP
      financial measures allows the user of the information to assess the
      Company&#8217;s financial results on a more comparable basis.
    </p>
    <p>
      <b>Item 9.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits</b>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px; width: 7%" valign="top">
          (d)
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 93%" valign="top">
          Exhibit
        </td>
      </tr>
      <tr>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px; width: 7%" valign="top">
          (99.1)
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 93%" valign="top">
          Press release issued May 6, 2014, regarding the Company&#8217;s 2014 first
          quarter financial results furnished with this document.
        </td>
      </tr>
    </table>
    </div>
    <p style="white-space: nowrap">

    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURE</b></font>
    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p style="font-family: Times New Roman; font-size: 10pt; text-indent: 30.0px">

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>EASTMAN KODAK COMPANY</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; width: 5%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 35%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            By: <u>/s/ Eric Samuels</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Eric Samuels
          </p>
        </td>
      </tr>
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        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Chief Accounting Officer and Corporate Controller
          </p>
        </td>
      </tr>
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        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Eastman Kodak Company
          </p>
        </td>
      </tr>
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        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 3%" valign="top">
          &#160;
        </td>
        <td style="width: 57%">

        </td>
      </tr>
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        <td style="text-align: left; padding-left: 0.0px; width: 5%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date:
          </p>
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 35%" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>May 6, 2014</b>
          </p>
        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 57%">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EASTMAN KODAK COMPANY</b><br><b>INDEX TO EXHIBITS</b>
    </p>
    <p style="text-align: center">
      <br>
      <br>

    </p>
    <p style="text-align: center">

    </p>
    <p>
      <b>Exhibit No.</b>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px; width: 7%" valign="top">
          (99.1)
        </td>
        <td style="text-align: left; padding-left: 0.0px; width: 93%" valign="top">
          Press release issued May 6, 2014, regarding the Company&#8217;s 2014 first
          quarter financial results furnished with this document.
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a50859159-ex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <title></title>
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  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Kodak
      Narrows Loss on a Comparable Basis in First Quarter; Momentum Builds in
      Strategic Technology Businesses</b></font>
    </p>
    <p>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Highlights
      include:</b></font>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Net
        loss of $36 million is an improvement of $54 million on a comparable
        basis. Net income for the first quarter of 2013 was $283 million on a
        GAAP basis.</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Liquidity
        remains strong with $809 million in cash vs. debt of $677 million.</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Without
        the impact of a decline in non-recurring licensing revenue,
        Operational EBITDA for the strategic technology businesses improved by
        $13 million.</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Key
        product lines in the strategic technology businesses achieved solid
        revenue growth.</b></font>
      </li>
      <li style="margin-bottom: 10.0px">
        <font style="font-size: 12pt; font-family: Times New Roman"><b>Results
        are in line with company expectations.</b></font>
      </li>
    </ul>
    <p>
      ROCHESTER, N.Y.--(BUSINESS WIRE)--May 6, 2014--Eastman Kodak Company
      (NYSE:KODK) today reported a net loss of $36 million for the first
      quarter of 2014. On a comparable basis, the net loss in 2013 would have
      been $85 million, or $54 million greater than the&#160;comparable net loss in
      2014 of $31 million. On a GAAP basis, the net earnings in 2013 were $283
      million, which included Other Operating Income, net of $494 million,
      primarily from a gain of $535 million from the sale of the digital
      imaging patent portfolio.
    </p>
    <p>
      Sales for the first quarter of 2014 were $482 million, compared to $594
      million in the prior-year quarter, a decline of 19%, more than half
      attributable to continuing declines in the film and consumer inkjet
      products. In addition, non-recurring licensing revenue was $24 million
      lower than in the first quarter of 2013.
    </p>
    <p>
      &#8220;Kodak&#8217;s transformation continues. The path to sustainable growth and
      profitability is not a straight line, but we continue to progress,
      especially in the strategic technology businesses<sup>1</sup> which will
      constitute the new Kodak,&#8221; said Jeff Clarke, Chief Executive Officer.
      &#8220;Our results, while within expectations, reflect the steep declines in
      our mature businesses, which are currently offsetting the increasing
      momentum we are seeing in our strategic technology businesses.
    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      &#8220;We saw significant increases in sales for our key new products in
      packaging, digital printing and digital plates, as increasing numbers of
      customers embraced our solutions.&#8221;
    </p>
    <p>
      Clarke noted the company&#8217;s strong liquidity, with cash of $809 million
      exceeding debt of $677 million, or by more than $130 million, provides
      flexibility to continue investing in the business to support future
      growth.
    </p>
    <p>
      &#8220;In 2014, we will invest about $100 million in R&amp;D and about $40 million
      in capital improvements to continue bringing innovative solutions to
      market for our customers, and improving the efficiency of our
      operations,&#8221; Clarke said.
    </p>
    <p>
      &quot;I'm pleased with our first-quarter reduction in SG&amp;A. This improvement
      in Kodak's cost structure will provide operating leverage to projected
      growth in our strategic technology businesses in the second half of the
      year.&#8221;
    </p>
    <p>
      Becky Roof, Chief Financial Officer, added, &#8220;As we&#8217;ve seen in the past,
      sales in several of our businesses are weighted toward later quarters.
      We fully expect to see such a pattern again this year, driving revenue
      and profitability growth.&#8221;
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="7">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Table 1 &#8211; Kodak Earnings Summary</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          <i><b>Millions of dollars</b></i>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="2">
          <b>1Q 2014</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="2">
          <b>1Q 2013</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt" colspan="2">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt" colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Sales
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          482
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          594
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Gross Profit
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          86
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          149
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Percent of Revenue
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          17.8%
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          25.1%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Net (loss) income
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (36)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          283
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Operational EBITDA<sup>2</sup>
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          3
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          50
        </td>
      </tr>
    </table>
    </div>
    <p>
      Kodak operates under two business segments: Graphics, Entertainment &amp;
      Commercial Films (GECF) and Digital Printing &amp; Enterprise (DP&amp;E).
    </p>
    <p>
      <b>Graphics, Entertainment &amp; Commercial Films (GECF): </b>The GECF
      segment consists of the <i>Graphics </i>and<i> Entertainment &amp;
      Commercial Films</i> groups, as well as Kodak&#8217;s intellectual property
      and brand licensing activities.
    </p>
    <p>
      <b>Table 2 &#8211; GECF Segment Financial Overview</b>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          <i><b>Millions of dollars</b></i>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>1Q 2014</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>1Q 2013</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt" colspan="3">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt" colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Revenue
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          316
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          386
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Gross Profit
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          29
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          85
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Percent of Revenue
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          9.2
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          %
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          22.0
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          %
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Selling, General and Administrative (&#8220;SG&amp;A&#8221;)
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          53
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          64
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Research and Development (&#8220;R&amp;D&#8221;)
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          6
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          5
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Segment (Loss) Earnings
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (30
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          16
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Operational EBITDA<sup>2</sup>
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          9
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          52
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      The GECF segment had sales of $316 million in the first quarter of 2014,
      a decline of 18% from the $386 million of the prior-year quarter. Most
      of this decline was due to the reduction in motion picture film and
      one-time licensing revenue. Although the Graphics business had a 4%
      decline in revenue, the Workflow Solutions business grew by 8%, while
      the decline in the digital plates business narrowed significantly.
      Recent sales momentum in the digital plates business provides confidence
      in expectations for continuing improvement in performance in that
      business through 2014.
    </p>
    <p>
      In the digital plates business, customers continued to switch to KODAK
      SONORA Process Free Plates. This technology platform is a breakthrough
      because it removes the processing step without sacrificing quality or
      productivity. In addition to the environmental and economic benefits of
      using SONORA Plates&#8212;water, waste and electricity savings&#8212;printers also
      receive the quality, productivity and print capability of traditional
      processed plates. Kodak expects to quadruple the number of customers
      using SONORA Plates during 2014, and is investing in increasing
      production of those plates at plants in Germany, China and the U.S. to
      meet growing demand for this revolutionary product line.
    </p>
    <p>
      The decrease in GECF gross profit percent was driven by unfavorable
      manufacturing costs within Entertainment Imaging&#160;&amp; Commercial Films
      primarily due to lower production volumes and the impact of fresh start
      accounting, as well as the decline in one-time licensing revenue.
      Partially offsetting these factors was an improvement in manufacturing
      costs in Graphics.
    </p>
    <p>
      <b>Digital Printing and Enterprise (DP&amp;E):</b> The DP&amp;E Segment
      consists of four product/service groups,<i> Digital Printing</i>, <i>Packaging
      and Functional Printing</i>, <i>Enterprise Services&#160;&amp; Solution</i>s<i>,
      </i>and <i>Consumer Inkjet Systems</i>.
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="7">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Table 3 &#8211; DP&amp;E Segment Financial Overview</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          <i><b>Millions of dollars</b></i>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="2">
          <b>1Q 2014</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="2">
          <b>1Q 2013</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt" colspan="2">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt" colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Revenue
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          166
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          197
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Gross Profit
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          42
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          52
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Percent of Revenue
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          25.3%
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          26.4%
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Selling, General and Administrative (&#8220;SG&amp;A&#8221;)
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          42
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          50
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Research and Development (&#8220;R&amp;D&#8221;)
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          25
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          20
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Segment Loss
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (25)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (18)
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Operational EBITDA<sup>2</sup>
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (6)
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (2)
        </td>
      </tr>
    </table>
    </div>
    <p>
      DP&amp;E had sales of $166 million in the first quarter of 2014, a decline
      of 16% from the $197 million of the prior-year quarter. Nearly
      two-thirds of the decline was related to lower sales in the Consumer
      Inkjet business.
    </p>
    <p>
      For 2014, Kodak is on track to generate significant increases in
      equipment placements for two DP&amp;E product lines that are essential to
      profitable business growth. The company expects to increase the number
      of KODAK PROSPER Presses installed to more than 40 during 2014, while
      also increasing the number of KODAK PROSPER S-Series Imprinting Systems
      by one-third to more than 1,000. Several PROSPER Press customers have
      achieved more than one billion cumulative printed pages from their units.
    </p>
    <p>
      It is also expected that placements of KODAK FLEXCEL NX Systems in the
      packaging industry will increase by more than 25% to more than 400
      units, a growth rate that significantly exceeds the industry average.
      FLEXCEL Solutions deliver efficiency and durability on press, and enable
      eye-catching packaging on store shelves. Reflecting this strong growth
      in placements and the benefits to customers, FLEXCEL System annuity
      volumes grew by 55% in the quarter.
    </p>
    <p>
      The decline in gross profit percent for DP&amp;E was primarily due to
      consumer inkjet ink sales constituting a lower percentage of the
      segment&#8217;s gross profit dollars, and higher manufacturing costs due
      primarily to the application of fresh start accounting.
    </p>
    <p>
      <sup>1</sup>Kodak&#8217;s strategic technology businesses include Digital
      Printing Solutions, Packaging and Functional Printing, Enterprise
      Services, Intellectual Property/Brand Licensing and Graphics
      (encompassing Digital Plates and Workflow Software)
    </p>
    <p>
      <sup>2</sup>Operational EBITDA is defined as Total Segment Earnings
      (Loss) plus depreciation and amortization expense, and excluding the
      reallocation of costs previously allocated to discontinued businesses,
      the impact of fresh start accounting, stock-based compensation expense
      and certain consulting costs. Total Segment Earnings (Loss) represents
      the company&#8217;s measure of segment earnings which excludes Restructuring
      costs, Reorganization items, net, the Corporate components of pension
      and OPEB expenses / income (as defined in the company&#8217;s public filings
      with regard to segment earnings information), other operating income
      (expense), net, and other income and expenses.
    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>About Kodak</b>
    </p>
    <p>
      Kodak is a technology company focused on imaging for business. We
      provide innovative hardware, software, consumables and services to
      customers in graphic communications, packaging and functional printing.
      We also serve entertainment and commercial films markets. With our
      world-class R&amp;D organization and extensive product portfolio, Kodak is
      helping customers around the globe to grow their own businesses in a
      sustainable way. For additional information on Kodak, visit us at
      kodak.com, follow us on Twitter @Kodak, or like us on Facebook at
      KodakNow.
    </p>
    <p>
      <b>CAUTIONARY STATEMENT PURSUANT TO SAFE HARBOR PROVISIONS OF THE
      PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995</b>
    </p>
    <p>
      This document, which includes any exhibits or appendices attached
      hereto, includes &#8220;forward-looking statements&#8221; as that term is defined
      under the Private Securities Litigation Reform Act of 1995.
      Forward-looking statements include statements concerning the Company's
      plans, objectives, goals, strategies, future events, future revenue or
      performance, capital expenditures, liquidity, investments, financing
      needs, business trends, and other information that is not historical
      information. When used in this document, the words &#8220;estimates,&#8221;
      &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;projects,&#8221; &#8220;plans,&#8221; &#8220;intends,&#8221; &#8220;believes,&#8221;
      &#8220;predicts,&#8221; &#8220;forecasts,&#8221; or future or conditional verbs, such as &#8220;will,&#8221;
      &#8220;should,&#8221; &#8220;could,&#8221; or &#8220;may,&#8221; and variations of such words or similar
      expressions, are intended to identify forward-looking statements. All
      forward-looking statements, including, without limitation, management's
      examination of historical operating trends and data are based upon the
      Company's expectations and various assumptions. Future events or results
      may differ from those anticipated or expressed in these forward-looking
      statements. Important factors that could cause actual events or results
      to differ materially from these forward-looking statements include,
      among others, the risks and uncertainties described in more detail in
      the Company&#8217;s Annual Report on Form 10-K for the year ended December 31,
      2013, under the headings &#8220;Business,&#8221; &#8220;Risk Factors,&#8221; and/or
      &#8220;Management's Discussion and Analysis of Financial Condition and Results
      of Operations&#8211;Liquidity and Capital Resources,&#8221; and those described in
      filings made by the Company with the U.S. Bankruptcy Court for the
      Southern District of New York and in other filings the Company makes
      with the SEC from time to time, as well as the following: the Company&#8217;s
      ability to improve and sustain its operating structure, financial
      results and profitability; the ability of the Company to achieve cash
      forecasts, financial projections, and projected growth; our ability to
      achieve the financial and operational results contained in our business
      plans; the ability of the Company to discontinue or sell certain
      non-core businesses or operations; the Company&#8217;s ability to comply with
      the covenants in its credit facilities; our ability to obtain additional
      financing if and as needed; any potential adverse effects of the Chapter
      11 proceedings on the Company's brand or business prospects; the
      Company's ability to fund continued investments, capital needs,
      restructuring payments and service its debt; changes in foreign currency
      exchange rates; the resolution of claims against the Company; our
      ability to attract and retain key executives, managers and employees;
      our ability to maintain product reliability and quality and growth in
      relevant markets; our ability to effectively anticipate technology
      trends and develop and market new products, solutions and technologies;
      and the impact of the global economic environment on the Company. There
      may be other factors that may cause the Company's actual results to
      differ materially from the forward-looking statements. All
      forward-looking statements attributable to the Company or persons acting
      on its behalf apply only as of the date of this document and are
      expressly qualified in their entirety by the cautionary statements
      included in this document. The Company undertakes no obligation to
      update or revise forward-looking statements to reflect events or
      circumstances that arise after the date made or to reflect the
      occurrence of unanticipated events.
    </p>
    <p>
      <b>APPENDICES</b>
    </p>
    <p>
      <b>A.</b> <b>NON-GAAP MEASURES</b>
    </p>
    <p>
      In this first quarter financial results news release, reference is made
      to certain non-GAAP financial measures of the improvement in Net loss on
      a comparable basis, improvement in Operational EBITDA for the strategic
      technology businesses, and Operational EBITDA.
    </p>
    <p>
      The Company believes that these non-GAAP measures represent important
      internal measures of performance. Accordingly, where they are provided,
      it is to give investors the same financial data management uses with the
      belief that this information will assist the investment community in
      properly assessing the underlying performance of the company, its
      financial condition, results of operations and cash flow.
    </p>
    <p>
      The following reconciliations are provided with respect to terms used in
      this first quarter financial results news release.
    </p>
    <p>
      The following table reconciles the improvement in Net loss on a
      comparable basis to the most directly comparable GAAP measure of net
      (loss) earnings attributable to Eastman Kodak Company:
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (in millions)
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>1Q 2014</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>Q1 2013</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>Change</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Net Loss, as presented
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (31
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (85
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (54
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Other operating income, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          494
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          494
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Reorganization items, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (5
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (120
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (115
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Loss on early extinguishment of debt
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (6
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (6
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Net (Loss) Earnings Attributable to Eastman Kodak Company (GAAP
          basis)
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>(36</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>283</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>319</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      The following table reconciles the improvement in Operational EBITDA for
      the strategic technology businesses to the most directly comparable GAAP
      measure of net (loss) earnings attributable to Eastman Kodak Company:
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (in millions)
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>1Q 2014</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>1Q 2013</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>Change</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Strategic technology businesses Operational EBITDA excluding
          non-recurring licensing revenue
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (12
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (25
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          13
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Non-recurring licensing revenue
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          31
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (24
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Strategic technology businesses Operational EBITDA</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>(5</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>6</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>(11</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Mature businesses Operational EBITDA
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          8
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          44
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (36
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Operational EBITDA, as presented</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>3</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>50</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>(47</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Impact of fresh start adjustments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          1
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Impact of stock based compensation and certain consulting costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (4
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (1
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (3
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Reportable segments depreciation and amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (52
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (35
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (17
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Impact of costs previously allocated to discontinued operations
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (3
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (16
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          13
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Total segment loss
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (55
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (2
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (53
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          All other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (3
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (2
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (1
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Restructuring costs and other (including restructuring related
          expenses reported in cost of sales)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (13
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (13
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Corporate components of pension and OPEB income (1)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          30
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          12
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          18
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Other operating income, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          494
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (494
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Loss on early extinguishment of debt, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (6
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Interest expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          24
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (8
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Other income (charges)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (8
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          10
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Reorganization items, net
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          5
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          120
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (115
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Consolidated (loss) earnings from continuing operations before
          income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (60
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          331
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (391
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          (Benefit) provision from income taxes
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (7
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (14
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (Loss) earnings from continuing operations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (53
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          324
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (377
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Earnings (loss) from discontinued operations, net of income taxes
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          19
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (41
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          60
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Net (Loss) Earnings
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (34
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          283
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (317
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Less: Net income attributable to noncontrolling interests
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Net (Loss) Earnings Attributable to Eastman Kodak Company (GAAP
          basis)
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (36
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          283
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (319
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      The following table reconciles Operational EBITDA, Graphics,
      Entertainment and Commercial Films (&#8220;GECF&#8221;) Operational EBITDA, and
      Digital Printing and Enterprise (&#8220;DP&amp;E&#8221;) Operational EBITDA to the most
      directly comparable GAAP measure of net (loss) earnings attributable to
      Eastman Kodak Company:
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (in millions)
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>1Q 2014</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>1Q 2013</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>GECF Operational EBITDA, as presented</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>52</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          GECF depreciation and amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (36
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (26
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          GECF impact of fresh start adjustments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          GECF impact of stock based compensation and certain consulting costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (2
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (1
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          GECF impact of costs previously allocated to discontinued operations
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (2
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (9
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px; padding-bottom: 2.0px" valign="top">
          <b>GECF segment (loss) income</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>(30</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>16</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>DP&amp;E Operational EBITDA, as presented</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>(6</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>(2</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          DP&amp;E depreciation and amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (16
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (9
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          DP&amp;E impact of stock based compensation and certain consulting costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (2
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          DP&amp;E impact of costs previously allocated to discontinued operations
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (1
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (7
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px; padding-bottom: 2.0px" valign="top">
          <b>DP&amp;E segment loss</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>(25</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>$</b>
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>(18</b>
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Operational EBITDA, as presented</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>3</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          <b>50</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Reportable segments depreciation and amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (52
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (35
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Impact of fresh start adjustments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Impact of stock based compensation and certain consulting costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (4
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (1
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Impact of costs previously allocated to discontinued operations
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (3
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (16
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Total segment loss
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (55
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (2
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          All other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (3
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (2
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Restructuring costs and other (including restructuring related
          expenses reported in cost of sales)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (13
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (13
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Corporate components of pension and OPEB income (1)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          30
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          12
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Other operating income, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          494
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Loss on early extinguishment of debt, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Interest expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          24
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Other income (charges)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (8
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Reorganization items, net
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          5
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          120
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Consolidated (loss) earnings from continuing operations before
          income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (60
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          331
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          (Benefit) provision from income taxes
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (7
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (Loss) earnings from continuing operations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (53
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          324
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Earnings (loss) from discontinued operations, net of income taxes
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          19
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (41
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Net (Loss) Earnings
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (34
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          283
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Less: Net income attributable to noncontrolling interests
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Net (Loss) Earnings Attributable to Eastman Kodak Company (GAAP
          basis)
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (36
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          283
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      (1) Composed of interest cost, expected return on plan assets,
      amortization of actuarial gains and losses, amortization of prior
      service credits related to the U.S. Postretirement Benefit Plan and
      special termination benefits, curtailments and settlement components of
      pension and other postretirement benefit expenses, except for
      settlements in connection with the chapter 11 bankruptcy proceedings
      that are recorded in Reorganization items, net and curtailments and
      settlements included in Earnings (loss) from discontinued operations,
      net of income taxes in the Consolidated Statement of Operations.
    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>B.</b> <b>FINANCIAL STATEMENTS</b>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Segment (Loss) Earnings and Consolidated (Loss) Earnings from</b><br><b>Continuing
            Operations before Income Taxes</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="bottom" colspan="3">
          <b>Successor</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="bottom" colspan="3">
          <b>Predecessor</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (in millions)
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <b>Three Months</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <b>Three Months</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <b>Ended</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <b>Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <b>March 31,</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <b>March 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom" colspan="3">
          <b>2014</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom" colspan="3">
          <b>2013</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Graphics, Entertainment and Commercial Films (&quot;GECF&quot;)
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Net sales
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          316
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          386
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Cost of sales
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          287
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          301
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Gross profit
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          29
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          85
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Selling, general and administrative expenses
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          53
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          64
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Research and development expenses
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          6
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          5
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          GECF Segment (loss) earnings
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (30
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          16
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Digital Printing and Enterprise (&quot;DP&amp;E&quot;)
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Net sales
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          166
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          197
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Cost of sales
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          124
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          145
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Gross profit
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          42
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          52
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Selling, general and administrative expenses
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          42
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          50
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Research and development expenses
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          25
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          20
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          DP&amp;E Segment loss
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (25
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (18
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Total segment (loss) earnings
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (55
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (2
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          All other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (3
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (2
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Restructuring costs and other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (13
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (13
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Corporate components of pension and OPEB income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          30
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          12
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Other operating income, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          494
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Loss on early extinguishment of debt, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Interest expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          24
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Other income (charges), net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (8
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Reorganization items, net
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          5
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          120
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Consolidated (loss) earnings from continuing operations before
          income taxes
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (60
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          331
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      The notes accompanying the Company&#8217;s first quarter 2014 Form 10-Q are an
      integral part of these consolidated financial statements.
    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>CONSOLIDATED STATEMENT OF OPERATIONS</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (in millions)
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="7">
          <b>Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="7">
          <b>March 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>Successor</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top" colspan="3">
          <b>Predecessor</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom" colspan="3">
          <b>2014</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom" colspan="3">
          <b>2013</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Revenues
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Sales
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          387
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          489
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Services
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          95
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          105
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Total revenues
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          482
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          594
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Cost of revenues
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Sales
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          322
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          361
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="top">
          Services
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          74
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          84
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Total cost of revenues
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          396
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          445
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Gross profit
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          86
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          149
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Selling, general and administrative expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          87
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          118
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Research and development costs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          27
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          25
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Restructuring costs and other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          13
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          11
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Other operating income, net
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (494
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Loss) earnings from continuing operations before interest
            expense, other<br>income (charges), net, reorganization items, net
            and income taxes
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (41
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          489
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Interest expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          16
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          24
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Loss on early extinguishment of debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Other income (charges), net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (8
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Reorganization items, net
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          5
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          120
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (Loss) earnings from continuing operations before income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (60
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          331
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          (Benefit) provision for income taxes
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (7
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          7
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (Loss) earnings from continuing operations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (53
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          324
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Earnings (loss) from discontinued operations, net of income taxes
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          19
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (41
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Net (loss) earnings
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (34
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          283
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px; padding-bottom: 2.0px" valign="top">
          Less: Net income attributable to noncontrolling interests
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          2
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            NET (LOSS) EARNINGS ATTRIBUTABLE TO EASTMAN KODAK<br>COMPANY
          </p>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (36
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          283
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      The notes accompanying the Company&#8217;s first quarter 2014 Form 10-Q are an
      integral part of these consolidated financial statements.
    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>CONSOLIDATED STATEMENT OF FINANCIAL POSITION</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          (in millions)
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <b>As of</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <b>As of</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <b>March 31,</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom" colspan="3">
          <b>2014</b>
        </td>
        <td>

        </td>
        <td style="text-align: center; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom" colspan="3">
          <b>2013</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>ASSETS</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Current Assets</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Cash and cash equivalents
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          809
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          844
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Receivables, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          486
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          571
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Inventories, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          399
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          358
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          53
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          48
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Assets held for sale
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          109
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          95
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Other current assets
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          82
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          55
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Total current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          1,938
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          1,971
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Property, plant and equipment, net of accumulated
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;depreciation of $116 and $67, respectively
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          643
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          684
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          96
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          88
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Intangible assets, net of accumulated amortization
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;&#160;of $15 and $8, respectively
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          212
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          219
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Restricted cash
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          48
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          79
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          44
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          54
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Other long-term assets
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          101
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          105
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px; padding-bottom: 4.0px" valign="top">
          <b>TOTAL ASSETS</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          3,082
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          3,200
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>LIABILITIES AND EQUITY</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Current Liabilities</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Accounts payable, trade
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          263
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          281
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Current portion of long-term debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          4
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Liabilities held for sale
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          38
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          38
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Other current liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          534
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          562
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Total current liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          839
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          885
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Long-term debt, net of current portion
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          673
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          674
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Pension and other postretirement liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          541
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          572
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Other long-term liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          413
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          421
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px; padding-bottom: 2.0px" valign="top">
          Total Liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          2,466
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          2,552
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Commitments and Contingencies (Note 5)
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Equity</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Common stock, $0.01 par value
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Additional paid in capital
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          614
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          613
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Accumulated deficit
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (117
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (81
        </td>
        <td style="text-align: left; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Accumulated other comprehensive income
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          100
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          99
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          597
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          631
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Less: Treasury stock, at cost
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (3
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          (3
        </td>
        <td style="text-align: left; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px" valign="top">
          Total Eastman Kodak Company shareholders&#8217; equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          594
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          628
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Noncontrolling interests
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          22
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          20
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px; padding-bottom: 2.0px" valign="top">
          Total equity
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          616
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: solid black 1.0pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          648
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 10.0px; padding-bottom: 4.0px" valign="top">
          <b>TOTAL LIABILITIES AND EQUITY</b>
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          3,082
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-left: 0.0px; border-bottom: double black 2.25pt; white-space: nowrap; padding-right: 0.0px" valign="bottom">
          3,200
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      The notes accompanying the Company&#8217;s first quarter 2014 Form 10-Q are an
      integral part of these consolidated financial statements.
    </p>
    <p>
      CONTACT:<br>Eastman Kodak Company<br><u><b>Media</b></u><b>:</b><br>Christopher
      Veronda, +1 585-724-2622<br><u>christopher.veronda@kodak.com</u><br>or<br><u><b>Investor</b></u><b>:</b><br>David
      Bullwinkle, +1 585-724-4053<br><u>shareholderservices@kodak.com</u>
    </p>
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</SEC-DOCUMENT>
