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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1. Name and Address of Reporting Person * ESPELAND CURTIS E   2. Issuer Name and Ticker or Trading Symbol EASTMAN CHEMICAL CO [EMN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) VP, CAO and EMN Div Controller (Last) (First) (Middle) EASTMAN CHEMICAL COMPANY, 100 N. EASTMAN ROAD 3. Date of Earliest Transaction (Month/Day/Year) 06/07/2005 (Street) KINGSPORT, TN 37660-5075 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 06/07/2005   M   1,000 A $ 45.8125 4,000 D   Common Stock 06/07/2005   S   1,000 D $ 59.76 (1) 3,000 D   Common Stock 06/07/2005   M   400 A $ 46.0625 3,400 D   Common Stock 06/07/2005   S   400 D $ 59.75 (1) 3,000 D   Common Stock 06/07/2005   M   4,200 A $ 29.9 7,200 D   Common Stock 06/07/2005   S   4,200 D $ 59.781 (1) 3,000 D   Common Stock 06/07/2005   M   866 A $ 43.66 3,866 D   Common Stock 06/07/2005   S   866 D $ 59.79 (1) 3,000 D   Common Stock               1,059 (2) I 401(k) Common Stock               790 I ESOP

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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

Employee Stock Option (Right to Buy)

$ 45.8125

06/07/2005

M

1,000

02/16/2001

02/15/2009

Common Stock

1,000

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 46.0625

06/07/2005

M

400

04/07/2002

04/07/2010

Common Stock

400

$ 0

1,000

D

Employee Stock Option (Right to Buy)

$ 29.9

06/07/2005

M

4,200

04/04/2005

04/03/2013

Common Stock

4,200

$ 0

0

D

Employee Stock Option (Right to Buy)

$ 43.66

06/07/2005

M

866

04/02/2005

04/02/2014

Common Stock

866

$ 0

1,734

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
ESPELAND CURTIS E EASTMAN CHEMICAL COMPANY 100 N. EASTMAN ROAD KINGSPORT, TN 37660-5075			VP, CAO and EMN Div Controller

Signatures

Brian L. Henry, by Power of Attorney		06/09/2005
**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)	Average sale price for shares disposed of in the reported transaction. The shares were sold in multiple brokers' transactions at various market prices per share.
(2)	Includes 18 shares acquired since September 3, 2004 resulting from automatic reinvestment of dividends.

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