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CORNING INC /NY Director's Dealing 2004

May 10, 2004

29942_dirs_2004-05-10_0df4f853-9ebf-4fa9-a977-79b74c1d2c86.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2004-05-06

Reporting Person: VOLANAKIS PETER F (Director, President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-05-06 Common Stock S 50000 $11.52 Disposed 297218.28 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 500 Indirect
Common Stock 500 Indirect
Common Stock 6345.68 Indirect
Common Stock 0 Indirect

Footnotes

F1: The Securities reported were acquired on a periodic basis by the trustee of the Corning Investment Plan, a broad-based, tax-qualified employee benefit plan. The information was obtained from the plan administrator and the shares have been accumulated by the trustee monthly over the employment of the reporting person. The number is based upon the aggregate contributions to the reporting person's account divided by the then current market price.

F2: Since reporting person's last report, CCS Investment Plan merged into Corning 401(k) employee benefit plan in February 2004, resulting in 699 shares transferring into the Corning Investment Plan.