CORNING INC /NY — Director's Dealing 2006

Nov 6, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2006-11-03

Reporting Person: GREGG KIRK P (Exec. VP & Chief Admin.Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-03	Common Stock	M	83333	$4.06	Acquired	411173.23	Direct
2006-11-03	Common Stock	F	16495	$20.51	Disposed	394678.23	Direct
2006-11-03	Common Stock	F	29275	$20.51	Disposed	365403.23	Direct
2006-11-03	Common Stock	S	37000	$20.5652	Disposed	328403.23	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-03	Stock Options (Right to buy)	$4.06	M	83333	Disposed	2012-12-03	Common Stock (83333)	Direct
2006-11-03	Stock Options (Right to buy)	$20.51	A	16495	Acquired	2012-12-03	Common Stock (16495)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8785.04	Indirect