Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SMITH- PILKINGTON KAREN A
  2. Issuer Name and Ticker or Trading Symbol
EASTMAN KODAK CO [EK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President
(Last)
(First)
(Middle)
343 STATE STREET
3. Date of Earliest Transaction (Month/Day/Year)
12/14/2004
(Street)

ROCHESTER, NY 14650
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock               15,308 (1) D  
Common Stock               23.282 (2) I By Trustee in ESOP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy) $ 31.3             08/26/2002 03/28/2006 common stock 1,936   1,936 D  
Option (right to buy) $ 31.3             08/26/2002 04/03/2007 common stock 1,920   1,920 D  
Option (right to buy) $ 31.3             08/26/2002 03/06/2008 common stock 2,250   2,250 D  
Option (right to buy) $ 31.3             08/26/2002 03/12/2008 common stock 93   93 D  
Option (right to buy) $ 31.3             08/26/2002 04/01/2008 common stock 2,200   2,200 D  
Option (right to buy) $ 31.3             08/26/2002 02/11/2009 common stock 2,501   2,501 D  
Option (right to buy) $ 31.3             08/26/2002 03/11/2009 common stock 249   249 D  
Option (right to buy) $ 31.3             08/26/2002 03/31/2009 common stock 4,251   4,251 D  
Option (right to buy) $ 31.3             08/26/2002 03/29/2010 common stock 8,667   8,667 D  
Option (right to buy) $ 31.3             08/26/2002 01/11/2011 common stock 11,000   11,000 D  
Option (right to buy) $ 31.3             11/16/2002 11/15/2011 common stock 13,800   13,800 D  
Option (right to buy) $ 26.86               (3) 10/09/2012 common stock 10,000   10,000 D  
Option (right to buy) $ 36.66               (3) 11/21/2012 common stock 21,000   21,000 D  
Option (right to buy) $ 24.49               (3) 11/18/2010 common stock 10,800   10,800 D  
Option (right to buy) $ 31.71               (3) 12/09/2011 Common Stock 10,800   10,800 D  
Resticted Stock Units (4)               (5)   (5) common stock 3,289.6   3,289.6 D  
Stock Units (4) 12/16/2004   A   27.63 (7)     (6)   (6) Common Stock 208.81 $ 31.4 208.81 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SMITH- PILKINGTON KAREN A
343 STATE STREET
ROCHESTER, NY 14650
      Senior Vice President  

Signatures

 Laurence L. Hickey, as attorney-in-fact for Karen A. Smith-Pilkington   12/16/2004
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Some of these shares are restricted.
(2) This represents a number of units held in the Kodak Employee Stock Ownership Plan for the account of the reporting person. These units were acquired by the trustee over a period of time at current market prices.
(3) These options vest one-third on each of the first three anniversaries of the date of grant.
(4) These units convert on a one-to-one basis.
(5) This date is not applicable to resticted units.
(6) This date is not applicable to stock units.
(7) These units were credited to the reporting person's account as dividend equivalents.

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