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: 2007-10-31

Reporting Person: ASBECK KATHERINE A (Senior VP - Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-31	Common Stock	M	31249	$7.74	Acquired	186144	Direct
2007-10-31	Common Stock	S	31249	$24.25	Disposed	154895	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-31	Stock Options (Right to buy)	$7.74	M	31249	Disposed	2012-01-31	Common Stock (31249)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7695.78	Indirect