Facts Kodak Shareholders Should Know 
About The Company

Environmental Performance & Liabilities:

Today concerned Rochester residents, former employees, and parents are gathering outside of Kodak’s annual meeting and participating in a vigil for justice to shed light on the true picture of Kodak, and call on the company to be a world-class leader in clean production and sustainability. We are dressed in black to pay our respects and call attention to those who may have been impacted by Kodak’s pollution over the years - particularly the thousands of Kodak employees and families from this community. We believe that as shareholders, you have the right and responsibility to learn about Kodak’s environmental and labor record. We ask you to join us to help Kodak live up to its Vision of Environmental Responsibility.

• In July, 2001 Kodak was fined $175,000 by the United States Environmental Protection Agency (EPA) for not testing and monitoring certain valves and pumps at its Lake Avenue facility for emissions of volatile organic compounds (VOCs) into the air. Upon inspecting the Rochester facility, the EPA found that part of a system of pipes used to carry hazardous wastes containing VOCs was not being checked for leaks as they should be under environmental and safety standards.
  
  
• In June, 2000 Kodak agreed to pay $51,491 in a settlement with the EPA on charges that they violated federal toxic chemical reporting requirements on eight occasions from 1995 to 1997. Based on an inspection of the Rochester facility in 1998 and information disclosed by Kodak, the EPA determined that from 1995-1997 Kodak underreported the amount of nitrate compounds they disposed of in the Genesee River, and the amount of manganese compounds and ethylene glycol they shipped out for disposal. EPA also charged Kodak for not filing proper information about its use of the toxic chemicals 2-methoxyethanol and phenol.
  
  
• In 1999, the New York State Department of Environmental Conservation (DEC) fined Eastman Kodak $775,000 for environmental violations including:
  
  
  • A 60,000 pound toxic release from Building 329, including over 21,000 pounds of methylene chloride, a potential human carcinogen;
    
    
  • Dumping more than 5.6 million gallons of wastewater, including 800 pounds of metals, into the Genesee River;
    
    
  • Failure to submit a NOx emission monitoring plan to DEC by the April 5, 1999 deadline, and failure to install accurate NOx monitoring systems by May 1, 1999;
    
    
• Kodak annually releases the equivalent of 544 million adult doses of dioxin, one of the world’s most toxic substances (1992 trial burn average emissions). Dioxin builds up in body fat, and can result in health effects such as prostate, breast, and liver cancer, reproductive disorders, and birth defects. Dioxin is particularly harmful to children and the elderly.
  
  
  • In 2000, Kodak rejected citizens’ requests to install the most effective dioxin-reducing technology at its Rochester incinerator.
    
    
  • Within a quarter mile of the 2,300 acre facility in Rochester, over 20% of the residents are under 10 years old.
    
    
  • Just east of Kodak Park, 22% of the population is over 65 years old.
    
    
• A September 1999 Ladies’ Home Journal article lists Rochester as the site of a possible children’s cancer cluster. Kodak was mentioned as a potential cause.
  
  
  • In a 12 year period, 79 Monroe County children were dosed with central-nervous-system cancer.
    
    
  • A $75 million lawsuit by five families charges Kodak’s pollution caused their children’s central-nervous-system cancer. Of the five children represented by the lawsuit, two have already passed away.
    
    

Worker Equity & Morale:

• Kodak recently paid $13 million to over 2,000 female and minority employees they had discriminatorily underpaid for as many as 20 years.
  
  
• In April of 2001 Kodak announced that they would be laying off 3,000 to 3,500 jobs worldwide.
  
  
• According to Kodak documents, Mexican workers make an average of $.95 per hour.
  
  
• A recent teamster-organizing meeting drew 250 Kodak employees who expressed outrage over their current dangerous working conditions. In the roll coating division, physically intensive jobs meant for at least two are performed by just one employee because of Kodak downsizing, leaving workers more vulnerable to serious injury.

Help Kodak live up to its Vision of Environmental Responsibility.

Vote YES to Disclosing Environmental Liabilities to Shareholders.

You can make a difference in the future of your company.