Summary of EASTMAN KODAK CO

Item 8.01 Other Events

On March 20, 2009, Eastman Kodak Company (the "Company") committed to a plan to shut down its printing plate manufacturing operation at the Windsor, Colorado site by the end of 2009. Most of the plate production handled by the Windsor, Colorado site will be transferred to the Company's plant in Columbus, Georgia.

As a result of this action, the Company will incur restructuring-related charges of approximately $30 million, including inventory write-offs and accelerated depreciation on equipment and buildings of approximately $19 million, employee termination benefits of approximately $6 million, and other exit costs of approximately $5 million. In addition, the Company will incur approximately $2 million of operational charges related to this action. The operational charges and other exit costs require the outlay of corporate cash, and employee termination benefits will be paid primarily through special retirement benefits (Special Termination Program (STP) benefits) payable from the Company's over-funded U.S. pension plan, while the inventory write-offs and accelerated depreciation represent non-cash charges. The estimated restructuring-related charges exclude any pension plan settlement or curtailment gains or losses that may be incurred, as these amounts are not currently determinable. This action is expected to be substantially complete by December 31, 2009.

On March 24, 2009, the Company also announced its plan to shut down its converting and packaging facility for motion picture films at the Windsor, Colorado site by the end of 2009. The motion picture film operations will be transferred to Rochester, New York. Total restructuring-related charges for this action are not expected to be material.

These actions are a part of the Company's 2009 restructuring program that was disclosed under Item 2.05 in its Form 8-K filed on January 29, 2009.

A copy of the March 24, 2009 press release related to these actions is attached as Exhibit (99.1).