CORNING INC /NY — Director's Dealing 2007

May 22, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2007-05-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-21	Common Stock	M	18338	$9.38	Acquired	173233	Direct
2007-05-21	Common Stock	M	21431	$9.95	Acquired	194664	Direct
2007-05-21	Common Stock	S	39769	$24.00	Disposed	154895	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-21	Stock Options (Right to Buy)	$9.38	M	18338	Disposed	2008-10-05	Common Stock (18338)	Direct
2007-05-21	Stock Options (Right to Buy)	$9.95	M	21431	Disposed	2011-12-04	Common Stock (21431)	Direct