CORNING INC /NY — Director's Dealing 2007

Aug 9, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2007-08-08

Reporting Person: WEEKS WENDELL P (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-08	Common Stock	M	17100	$7.74	Acquired	793653	Direct
2007-08-08	Common Stock	S	17100	$24	Disposed	776553	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-08	Stock Options (Right to buy)	$7.74	M	17100	Disposed	2012-01-31	Common Stock (17100)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29862	Indirect
Common Stock	6377.24	Indirect
Common Stock	10506.24	Indirect

Footnotes

F1: The Reporting Person disclaims beneficial ownership of all securities held by wife.