CORNING INC /NY — Director's Dealing 2007

May 2, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2007-05-02

Reporting Person: SCHNEIDER PAMELA C (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-02	Common Stock	M	14000	$10.4	Acquired	196919.47	Direct
2007-05-02	Common Stock	M	10000	$11.84	Acquired	206919.47	Direct
2007-05-02	Common Stock	S	24000	$23.57	Disposed	182919.47	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-02	Stock Options (Right to buy)	$10.4	M	14000	Disposed	2014-01-01	Common Stock (14000)	Direct
2007-05-02	Stock Options (Right to buy)	$11.84	M	10000	Disposed	2015-01-02	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1266	Indirect
Common Stock	7521.62	Indirect
Common Stock	675.97	Indirect

Footnotes

F1: The reporting person disclaims beneficial ownership of all securities held by spouse.