CORNING INC /NY — Director's Dealing 2006

Aug 16, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2006-08-16

Reporting Person: EGGERS WILLIAM D (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-16	Common Stock	M	8333	$4.06	Acquired	204310.41	Direct
2006-08-16	Common Stock	M	18334	$4.15	Acquired	222644.41	Direct
2006-08-16	Common Stock	S	26667	$20.7997	Disposed	195977.41	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-08-16	Stock Options (Right to buy)	$4.06	M	8333	Disposed	2012-12-03	Common Stock (8333)	Direct
2006-08-16	Stock Options (Right to buy)	$4.15	M	18334	Disposed	2013-02-02	Common Stock (18334)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3394.59	Indirect