CORNING INC /NY — Director's Dealing 2006

Feb 8, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2006-02-06

Reporting Person: AIELLO LARRY (Pres. & CEO - CCS Holdings)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-06	Common Stock	M	50000	$6.71	Acquired	266465	Direct
2006-02-06	Common Stock	F	13984	$23.99	Disposed	252481	Direct
2006-02-06	Common Stock	F	11847	$23.99	Disposed	240634	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-06	Stock Options (Right to buy)	$6.71	M	50000	Disposed	2012-04-24	Common Stock (50000)	Direct
2006-02-06	Stock Options (Right to buy)	$23.99	A	13984	Acquired	2012-04-24	Common Stock (13984)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18730.92	Indirect