CORNING INC /NY — Director's Dealing 2007

Jul 31, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2007-07-30

Reporting Person: HENNESSY JOHN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-30	Common Stock	M	10000	$4.13	Acquired	314784	Direct
2007-07-30	Common Stock	M	15000	$6.67	Acquired	329784	Direct
2007-07-30	Common Stock	M	2110	$9.95	Acquired	331894	Direct
2007-07-30	Common Stock	M	9050	$9.95	Acquired	340944	Direct
2007-07-30	Common Stock	M	5132	$11.99	Acquired	346076	Direct
2007-07-30	Common Stock	M	6750	$21.15	Acquired	352826	Direct
2007-07-30	Common Stock	S	1400	$24.33	Disposed	351426	Direct
2007-07-30	Common Stock	S	600	$24.335	Disposed	350826	Direct
2007-07-30	Common Stock	S	15501	$24.34	Disposed	335325	Direct
2007-07-30	Common Stock	S	1800	$24.345	Disposed	333525	Direct
2007-07-30	Common Stock	S	13441	$24.35	Disposed	320084	Direct
2007-07-30	Common Stock	S	1500	$24.355	Disposed	318584	Direct
2007-07-30	Common Stock	S	7700	$24.36	Disposed	310884	Direct
2007-07-30	Common Stock	S	4100	$24.365	Disposed	306784	Direct
2007-07-30	Common Stock	S	2000	$24.37	Disposed	304784	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-30	Stock Options (Right to Buy)	$4.13	M	10000	Disposed	2013-02-04	Common Stock (10000)	Direct
2007-07-30	Stock Options (Right to Buy)	$6.67	M	15000	Disposed	2012-02-06	Common Stock (15000)	Direct
2007-07-30	Stock Options (Right to Buy)	$9.95	M	9050	Disposed	2011-12-04	Common Stock (9050)	Direct
2007-07-30	Stock Options (Right to Buy)	$9.95	M	2110	Disposed	2011-12-04	Common Stock (2110)	Direct
2007-07-30	Stock Options (Right to Buy)	$11.99	M	5132	Disposed	2014-02-03	Common Stock (5132)	Direct
2007-07-30	Stock Options (Right to Buy)	$21.15	M	6750	Disposed	2011-05-14	Common Stock (6750)	Direct