CORNING INC /NY — Director's Dealing 2006

Feb 9, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2006-02-07

Reporting Person: OCONNOR JAMES J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-07	Common Stock	M	3333	$4.13	Acquired	111873.97	Direct
2006-02-07	Common Stock	M	2870	$11.06	Acquired	114743.97	Direct
2006-02-07	Common Stock	M	3422	$11.99	Acquired	118165.97	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-07	Stock Options (Right to buy)	$4.13	M	3333	Disposed	2013-02-04	Common Stock (3333)	Direct
2006-02-07	Stock Options (Right to buy)	$11.06	M	2870	Disposed	2015-02-01	Common Stock (2870)	Direct
2006-02-07	Stock Options (Right to buy)	$11.99	M	3422	Disposed	2014-02-03	Common Stock (3422)	Direct