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Kodak to Receive 1999 WEC Gold Medal

New York, NY, December 8, 1998 - The World Environment Center (WEC) today announced that the recipient of the 1999 WEC Gold Medal for International Corporate Environmental Achievement will be the Eastman Kodak Company. The presentation will be made next May 21 at the National Building Museum in Washington, D.C. Mr. George Fisher, Chairman and CEO, will accept the 15th WEC Gold Medal on behalf of Kodak personnel worldwide.

According to Dr. Joel I. Abrams, Chairman of the WEC Gold Medal Jury and Professor Emeritus of the University of Pittsburgh, "The Jury cited, from among Kodak’s achievements, the significance of the reusable and recyclable single-use camera design and the specific link between management compensation and environment, health and safety performance."

Kodak's Signature Contribution is the reuse/recycling of its single-use cameras, as well as its closed-loop reuse/recycling programs for a variety of photographic waste, including packaging. The WEC Gold Medal Jury particularly liked the redesign of what was initially a disposable camera into a camera that could be reused. Bringing back the cameras as many as 10 times to recycle and reuse its components reflects the Corporation's extensive, worldwide commitment to sustainable development.

On hearing the news, Mr. Fisher said, "The WEC Gold Medal is a clear reflection of the hard work and dedication of Kodak men and women around the world to integrate health, safety and environmental excellence throughout our global business practices. That the internationally prestigious World Environment Center’s Jury has selected Kodak from among numerous other world-class corporations is particularly gratifying. The WEC Gold Medal, while given in recognition of Kodak’s achievement, is in the larger sense symbolic of the fact that our shared future depends upon the global achievement of sustainable development and that the route to sustainable development must be paved by shared commitment."

The WEC Gold Medal Jury, which is completely independent of WEC and its programs, bases its decision on an exemplary environmental policy, globally uniform application of that policy, and international EH&S leadership that sets new corporate boundaries. The Jury is made up of distinguished international environmentalists from academia, government, industry and non-governmental organizations. (The list of Jury members, their Citation for 1999 and the list of previous recipients are available at or from either of the contacts named above.)

Founded by George Eastman in 1880, Kodak is a world leader in imaging, giving customers the power to take, make, store, and use pictures through conventional and advanced silver halide imaging, as well as digital and electronic imaging. Kodak products include photographic films, papers and chemicals for amateur and professional use; motion picture films; diagnostic imaging film and equipment; and electronic imaging products, including cameras, scanners, sensors and printers.

WEC, whose 25th Anniversary falls in 1999, is an independent, not-for-profit, non-advocacy organization. Founded with a grant from the United Nations Environment Programme, the Center contributes to sustainable development worldwide by strengthening industrial and urban environment, health and safety policy and practices through three complementary programs - the International Environment and Development Service, the International Environment Forum, and the WEC Gold Medal. WEC is a bridge for the exchange of information and expertise among industry, government, non-governmental organizations, and the community. WEC is headquartered in New York City and has project personnel in some 15 countries around the world.

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