CORNING INC /NY — Director's Dealing 2006

Aug 9, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2006-08-09

Reporting Person: WEEKS WENDELL P (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-09	Common Stock	M	84671	$4.06	Acquired	730975	Direct
2006-08-09	Common Stock	S	84671	$18.26	Disposed	646304	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-08-09	Stock Options (Right to buy)	$4.06	M	84671	Disposed	2012-12-03	Common Stock (84671)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29862	Indirect
Common Stock	10506.24	Indirect
Common Stock	6377.24	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to buy)	$4.06	2012-12-03	Common Stock (0)	0	Indirect

Footnotes

F1: The Reporting Person disclaims beneficial ownership of all securities held by wife.