Kodak is increasing prices on some of its consumer and professional still films and One-Time-Use Cameras. Beginning in the first quarter of 2008, the increases are blamed on increased costs of raw materials and escalating oil prices. Kodak has reiterated its commitment to its film portfolio, and to future investment in film.

Kodak UK Press Release

Kodak to Increase Prices for Select Consumer Film, One-Time-Use Cameras and Professional Still Films in 2008

London, February 1st – Eastman Kodak Company announced today that it will increase prices on select consumer and professional still films and One-Time-Use Cameras beginning in the first quarter of 2008.  The price increase is a result of increased costs of raw materials, including silver and petrochemicals, as well as escalating oil prices, and industry volume trends. 

Kodak remains committed to its film portfolio and investment in film innovation to support the diverse capture needs of consumers and professionals worldwide.  Kodak’s most recent introduction in October 2007 was a new KODAK PROFESSIONAL T-MAX 400 Film, which is now the world’s finest-grained and sharpest 400-speed black-and-white film in the world. 

About Eastman Kodak Company
Kodak is the world’s foremost imaging innovator.  With sales of $10.7 billion in 2006, the company is committed to a digitally oriented growth strategy focused on helping people better use meaningful images and information in their life and work.  Consumers use Kodak’s system of digital and traditional products and services to take, print and share their pictures anytime, anywhere; Businesses effectively communicate with customers worldwide using KODAK solutions for prepress, conventional and digital printing and document imaging; and Creative Professionals rely on KODAK technology to uniquely tell their story through moving or still images.

More information about Kodak (NYSE: EK) is available at www.kodak.com.

Kodak and T-MAX are trademarks of Eastman Kodak Company.

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