CORNING INC /NY — Director's Dealing 2006

Oct 30, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2006-10-30

Reporting Person: SCHNEIDER PAMELA C (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-30	Common Stock	M	59006	$9.95	Acquired	240870.47	Direct
2006-10-30	Common Stock	S	48951	$20.6716	Disposed	191919.47	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-10-30	Stock Options (Right to buy)	$9.95	M	59006	Disposed	2011-12-04	Common Stock (59006)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1266	Indirect
Common Stock	7521.62	Indirect
Common Stock	675.97	Indirect

Footnotes

F1: The reporting person disclaims beneficial ownership of all securities held by spouse.