CORNING INC /NY — Director's Dealing 2003

Aug 20, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2003-08-19

Reporting Person: ASBECK KATHERINE A (Senior VP & Controller)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-19	Phantom Stock	$0	J	32.84	Acquired	1988-08-08	Common Stock (32.84)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	73249	Direct
Common Stock	6240.6498	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to buy)	$3.8	2013-01-02	Common Stock (66666)	66666	Direct
Stock Options (Right to buy)	$4.06	2012-12-03	Common Stock (66666)	66666	Direct
Stock Options (Right to buy)	$4.15	2013-02-02	Common Stock (66668)	66668	Direct
Stock Options (Right to buy)	$7.74	2012-01-31	Common Stock (103359)	103359	Direct
Stock Options (Right to buy)	$8.35	2004-12-06	Common Stock (11976)	11976	Direct
Stock Options (Right to buy)	$8.7	2004-04-27	Common Stock (10662)	10662	Direct
Stock Options (Right to buy)	$8.7	2005-12-05	Common Stock (77241)	77241	Direct
Stock Options (Right to buy)	$9.38	2008-10-05	Common Stock (54000)	54000	Direct
Stock Options (Right to buy)	$9.95	2011-12-04	Common Stock (75000)	75000	Direct
Stock Options (Right to buy)	$15.28	2006-08-14	Common Stock (54250)	54250	Direct
Stock Options (Right to buy)	$21.15	2006-05-14	Common Stock (54250)	54250	Direct
Stock Options (Right to buy)	$31.83	2009-11-30	Common Stock (27000)	27000	Direct
Stock Options (Right to buy)	$70.75	2010-12-05	Common Stock (40000)	40000	Direct
Stock Options (Right to buy)	$72.11	2010-06-05	Common Stock (150000)	150000	Direct
Stock Options (Right to buy)	$91.08	2004-04-27	Common Stock (927)	927	Direct
Stock Options (Right to buy)	$91.08	2004-12-06	Common Stock (222)	222	Direct
Stock Options (Right to buy)	$91.08	2005-12-05	Common Stock (861)	861	Direct

Footnotes

F1: The reported Phantom Stock Units are acquired on a monthly basis pursuant to the terms of Corning's Supplemental Investment Plan (a 401(K) Excess Benefit Plan) and will be settled for cash on or after the reporting person's retirement or other termination of service.