CORNING INC /NY — Director's Dealing 2008

May 2, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2008-05-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-01	Common Stock	M	32472	$9.95	Acquired	160867	Direct
2008-05-01	Common Stock	M	5136	$19.47	Acquired	166003	Direct
2008-05-01	Common Stock	S	37608	$27	Disposed	128395	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-01	Stock Options (Right to buy)	$9.95	M	32472	Disposed	2011-12-04	Common Stock (32472)	Direct
2008-05-01	Stock Options (Right to buy)	$19.47	M	5136	Disposed	2008-10-05	Common Stock (5136)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7695.78	Indirect