CORNING INC /NY — Director's Dealing 2007

Nov 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2007-11-06

Reporting Person: VOLANAKIS PETER F (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-06	Common Stock	M	66924	$7.74	Acquired	663055	Direct
2007-11-06	Common Stock	M	50000	$9.95	Acquired	713055	Direct
2007-11-06	Common Stock	S	103224	$24	Disposed	609831	Direct
2007-11-06	Common Stock	S	13700	$24.005	Disposed	596131	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-06	Stock Options (Right to buy)	$7.74	M	66924	Disposed	2012-01-31	Common Stock (66924)	Direct
2007-11-06	Stock Options (Right to buy)	$9.95	M	50000	Disposed	2011-12-04	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	500	Indirect
Common Stock	500	Indirect