Kodak Receives Court Approval for Disclosure Statement

The U.S. Bankruptcy Court for the Southern District of New York determined Tuesday that the Company's Disclosure Statement contains the information necessary to enable creditors to vote on the Plan of Reorganization. The Court today also approved Eastman Kodak Company's recently announced Backstop Commitment Agreement and Rights Offering, as well as an agreement with leading financial institutions J.P. Morgan Chase, Barclays Bank and Bank of America Merrill Lynch to arrange new exit financing and post-emergence facilities of up to $895 million. Following today's approval of the Disclosure Statement, Kodak will commence the voting process on the Plan of Reorganization as outlined in the filings. The cornerstone investment, effected