CORNING INC /NY — Director's Dealing 2004

Nov 9, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2004-11-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-08	Common Stock	F	13933	$12.275	Disposed	695337	Direct
2004-11-08	Common Stock	F	85540	$12.275	Disposed	609797	Direct
2004-11-08	Common Stock	M	125751	$8.35	Acquired	735548	Direct
2004-11-08	Common Stock	G	40500	—	Disposed	695048	Direct
2004-11-08	Common Stock	G	35800	—	Disposed	659248	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-11-08	Employee Stock Option (right to buy)	$8.35	M	125751	Acquired	2004-12-06	Common Stock (125751)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9782	Indirect

Footnotes

F1: 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.

F2: Change in ownership represents a gift, for which 'price' is not applicable.