CORNING INC /NY — Director's Dealing 2006

Dec 7, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2006-12-06

Reporting Person: AIELLO LARRY (Pres. & CEO - CCS Holdings)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-06	Common Stock	G	19000	—	Disposed	202196	Direct
2006-12-06	Common Stock	G	19000	—	Disposed	183196	Direct
2006-12-06	Common Stock	G	19000	—	Acquired	19000	Indirect
2006-12-07	Common Stock	S	3900	$21.27	Disposed	15100	Indirect
2006-12-07	Common Stock	S	3100	$21.26	Disposed	12000	Indirect
2006-12-07	Common Stock	S	11000	$21.25	Disposed	1000	Indirect
2006-12-06	Common Stock	G	19000	—	Acquired	19000	Indirect
2006-12-07	Common Stock	S	18000	$21.2	Disposed	1000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18730.86	Indirect

Footnotes

F1: On December 6, 2006, the reporting person contributed 19,000 shares of Corning Common stock to one charitable remainder trust of which he is a trustee and beneficiary; and another 19,000 shares to a second charitable remainder trust of which the reporting person's spouse is a trustee and beneficiary.