CORNING INC /NY — Director's Dealing 2004

May 24, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2004-05-24

Reporting Person: MCNAUGHTON DONALD B (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-24	Common Stock	M	22223	$4.15	Acquired	139773	Direct
2004-05-24	Common Stock	S	22223	$12.5	Disposed	117550	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-05-24	Stock Options (Right to buy)	$4.15	M	22223	Disposed	2013-02-02	Common Stock (22223)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4054.21	Indirect