CORNING INC /NY — Director's Dealing 2007

Nov 1, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2007-10-30

Reporting Person: SCHNEIDER PAMELA C (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-30	Common Stock	S	0.82	$24.0207	Disposed	179431	Direct
2007-11-01	Common Stock	M	919	$7.74	Acquired	180350	Direct
2007-11-01	Common Stock	M	7500	$12.7	Acquired	187850	Direct
2007-11-01	Common Stock	M	14000	$12.79	Acquired	201850	Direct
2007-11-01	Common Stock	S	300	$24.01	Disposed	201550	Direct
2007-11-01	Common Stock	S	7805	$24.02	Disposed	193745	Direct
2007-11-01	Common Stock	S	1000	$24.025	Disposed	192745	Direct
2007-11-01	Common Stock	S	10150	$24.03	Disposed	182595	Direct
2007-11-01	Common Stock	S	2800	$24.035	Disposed	179795	Direct
2007-11-01	Common Stock	S	6000	$24.04	Disposed	173795	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-01	Stock Options (Right to buy)	$7.74	M	919	Disposed	2012-01-31	Common Stock (919)	Direct
2007-11-01	Stock Options (Right to buy)	$12.7	M	7500	Disposed	2014-11-30	Common Stock (7500)	Direct
2007-11-01	Stock Options (Right to buy)	$12.79	M	14000	Disposed	2014-02-01	Common Stock (14000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1266	Indirect
Common Stock	7521.62	Indirect
Common Stock	675.97	Indirect

Footnotes

F1: Includes 25.4594 shares acquired on Company's September 28, 2007 quarterly dividend payment date under dividend reinvestment plan.

F2: The reporting person disclaims beneficial ownership of all securities held by spouse.