CORNING INC /NY — Director's Dealing 2003

Dec 5, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2003-12-03

Reporting Person: HOUGHTON JAMES R (Director, Chairman of the Board & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-03	Common Stock	A	136000	—	Acquired	709047	Direct
2003-12-05	Common Stock	G	39600	—	Disposed	669447	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-03	Employee Stock Option (right to buy)	$11.21	A	210000	Acquired	2013-12-02	Common Stock (210000)	Direct

Footnotes

F1: These shares were granted under the Incentive Stock Plan of Corning Incorporated and are subject to the restrictions and terms in an agreement dated Deceber 3, 2003.

F2: Does not include 9,782 shares owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for the purposes of Section 16 or for any other purpose.