CORNING INC /NY — Director's Dealing 2006

Aug 8, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2006-08-07

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-07	Common Stock	M	98333	$3.8	Acquired	428304.23	Direct
2006-08-07	Common Stock	F	20396	$18.32	Disposed	407908.23	Direct
2006-08-07	Common Stock	F	34137	$18.32	Disposed	373771.23	Direct
2006-08-07	Common Stock	S	42500	$18.48	Disposed	331271.23	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-08-07	Stock Options (Right to buy)	$3.8	M	98333	Disposed	2013-01-02	Common Stock (98333)	Direct
2006-08-07	Stock Options (Right to buy)	$18.32	A	20396	Acquired	2013-01-02	Common Stock (20396)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8785.04	Indirect