Exhibit (99.3)

                     EASTMAN KODAK COMPANY

 KODAK INDUSTRIE ANNOUNCES A REORGANIZATION OF ITS ACTIVITIES
                 AT ITS CHALON-SUR-SAONE SITE



Chalon-sur-Saone, October 5th 2004 - The photography market is
facing structural and fundamental changes worldwide due to the
rapid development of digital technology for the Consumer
market as the number of digital cameras sold worldwide has
tripled in three years.

As a major player in the photography market, Kodak is directly
impacted by global market trends. It is in this context, in
September 2003, that the Eastman Kodak Company (EKC) announced
a strategy shift in response to the rising popularity of
digital imaging. This new orientation, strongly reaffirmed by
Dan Carp, CEO of EKC, in January 2004 will affect investment
choices and entail a global cost reduction plan, including
12,000 to 15,000 job cuts worldwide over the next three years.

To maintain its competitiveness, the Eastman Kodak Company
announced today a reorganization plan pertaining to its
European manufacturing facilities, which will specifically
impact two sites in England and the French Site in Chalon-sur-
Saone.

Given the circumstances, and in order to adjust its
manufacturing capacity to market shifts, Kodak Industrie
announced today to its Works Councils a reorganization plan at
its site.

Due to declining demand for consumer films and color
photographic paper, production of those products at Chalon
will cease by the end of September 2005 leading to a
suppression of about 270 jobs, bringing the number of
positions remaining at Chalon, to about 1800.

The Kodak Industrie Chalon-sur-Saone site will therefore focus
on two core activities in growth markets: Health Imaging, the
demand for which remains stable at this moment, and Motion
Picture Display film (ECP), an activity which continues to
grow each year.

In order to significantly reduce the social impact of the
plan, Kodak Industrie would implement a "Plan de Sauvegarde de
l'Emploi" (job safeguarding plan) in line with the highest
concern for human considerations in order to offer each
employee the choice of relocating within the Eastman Kodak
Group, or a rapid opportunity for outplacement. Furthermore,
Kodak Industrie would accept to implement and finance a
voluntary pre-retirement plan, open to all professional
categories, which would be proposed to a majority of
employees.

"This reorganization is the consequence of the fundamental
changes that the photo market is undergoing, with the
continuing decline in demand for traditional photographic
products in developed countries and the move to digital
products.  This situation affects our manufacturing
activities, which, in order to remain competitive, will focus
on the manufacture of Health Imaging and Motion Display film
(ECP), two key product lines which offer significant growth
opportunities". Jean-Pierre Martel, President of Kodak
Industrie, declared.


             For more information, please contact
                   Fleishman-Hillard France

           Frederique Meriaux-Hall : 01 53 05 50 68
   Stephanie Gentilhomme : 01 47 42 48 15 or 06 75 37 99 56