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: MILLER JOSEPH A (EXECUTIVE VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-03	Common Stock	M	110000	$9.95	Acquired	439567.56	Direct
2007-05-03	Common Stock	M	39500	$10.4	Acquired	479067.56	Direct
2007-05-03	Common Stock	S	149500	$23.9336	Disposed	329567.56	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-03	Stock Options (Right to buy)	$9.95	M	110000	Disposed	2011-12-04	Common Stock (110000)	Direct
2007-05-03	Stock Options (Right to buy)	$10.4	M	39500	Disposed	2014-01-01	Common Stock (39500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3567.6	Indirect