CORNING INC /NY — Director's Dealing 2007

Aug 17, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2007-08-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-16	Common Stock	M	31250	$7.74	Acquired	186145	Direct
2007-08-16	Common Stock	S	31250	$22.61	Disposed	154895	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-16	Stock Options (Right to buy)	$7.74	M	31250	Disposed	2012-01-31	Common Stock (31250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7695.78	Indirect