CORNING INC /NY — Director's Dealing 2007

May 4, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2007-05-03

Reporting Person: OCONNOR JAMES J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-03	Common Stock	M	2870	$11.06	Acquired	123715.97	Direct
2007-05-03	Common Stock	M	1710	$11.99	Acquired	125425.97	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-03	Stock Options (Right to buy)	$11.06	M	2870	Disposed	2015-02-01	Common Stock (2870)	Direct
2007-05-03	Stock Options (Right to buy)	$11.99	M	1710	Disposed	2014-02-03	Common Stock (1710)	Direct