CORNING INC /NY — Director's Dealing 2008

Feb 8, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORNING INC /NY (GLW)
CIK: 0000024741
Period of Report: 2008-02-06

Reporting Person: HOUGHTON JAMES R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-06	Common Stock	A	3281	—	Acquired	29411	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-06	Stock Option (right to buy)	$22.86	A	2083	Acquired	2018-02-05	Common Stock (2083)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9782	Indirect
Common Stock	41150	Indirect
Common Stock	44267	Indirect

Footnotes

F1: Excludes 44,267 shares previously owned directly which were transferred to the James R. Houghton Grantor Retained Annuity Trust IV.

F2: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F3: Options vest ratably over three years beginning one year from the date of grant.