CORNING INC /NY — Director's Dealing 2004

Dec 2, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2004-12-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-01	Common Stock	A	202000	—	Acquired	861248	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-02	Employee Stock Option (right to buy)	$12.7	A	239500	Acquired	2014-11-30	Common Stock (239500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9782	Indirect

Footnotes

F1: These shares were granted under the Incentive Stock Plan of Corning Incorporated and are subject to the terms and restrictions in an agreement dated December 1, 2004.

F2: 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 purposes of Section 16 or for any other purpose.