Exhibit (99.2)
EASTMAN KODAK COMPANY

October 5, 2004

KODAK ANNOUNCES INTENTION TO CLOSE ITS ANNESLEY SITE

At the start of the year (January 22nd) Eastman Kodak
Company said that in order to deliver on its digitally
oriented strategy, it would reduce its global facilities by
about one-third over three years.  This comes in response to
a fundamental shift in customer and consumer behaviour with
the rising popularity of digital photography.  As a result,
Kodak has consolidated many different types of functions and
operations at sites across the globe in order to respond
more effectively to customers in a world that is becoming
increasingly digital.

It is with regret that with the company forecasting a
continuing decline in photographic film this year, the
Annesley site, which primarily finishes consumer film, is to
close by September 2005, with the loss of about 350 jobs.

Chris Balls, Plant manager of Kodak's Annesley site, said

"Today's announcement has been driven by the shift in
customer and consumer trends from traditional to digital
imaging and Kodak's intent to transform the company and
remain the leader in imaging. Here at Annesley we produce
imaging materials for traditional film products. That market
has been rapidly decreasing as a result of new digital
technology and has sadly made today's announcement
necessary.

"The employees have worked extremely hard here at Annesley
to produce top quality products for our customers and will
continue to do that until the site closes in a year's time.
All employees will be treated with respect, with Kodak
ensuring they receive highly competitive severance terms,
plus access to counseling support, as well as access to an
outplacement program to assist in identifying alternative
employment.

"This was a very hard decision for Kodak, but is due to the
new business environment that now exists. The reality is
that the demand for traditional photographic products
continues to decline as digital products grow more popular."

ENDS

For further information please call Gavin Megaw on 07764 200
149