Corning Announces Results and Pricing for Euro Debt Tender Offer

Corning Incorporated (NYSE:GLW) today announced the results and
Purchase Price of its tender offer for up to 100 percent of its
outstanding EUR 300 million 6.25 percent notes due 2010. The offer
expired at 5pm GMT on Thursday, March 1, 2007.

Corning has received, and accepted for payment, valid tenders of
EUR 170,288,000 principal amount of the notes. The Purchase Price was
determined at 1pm GMT today, based on a spread of 16 basis points over
the yield of the Bundesobligation 3.50% due October 9, 2009 (OBL #145)
in the manner specified in the Offer to Purchase. The Purchase Price
is equal to EUR 1,061.16 per EUR 1,000 principal amount of notes
accepted for payment.

The anticipated settlement date of the tender offer is March 6,
2007. Holders of the notes that were accepted for payment will also
receive accrued and unpaid interest up to, but not including, the
settlement date.

Corning retained J.P. Morgan Securities Ltd. to serve as the
dealer manager for the tender offer and The Bank of New York to serve
as the tender agent for the tender offer. Requests for information
related to the tender offer should be directed to the dealer manager
at +44 (0) 207 779 2468.

Disclaimer

This news release does not constitute an offer to purchase any
securities or a solicitation of an offer to sell any securities. The
tender was made only pursuant to the Offer to Purchase and only to
such persons and in such jurisdictions as are permitted under
applicable law.

About Corning Incorporated

Corning Incorporated (www.corning.com) is the world leader in
specialty glass and ceramics. Drawing on more than 150 years of
materials science and process engineering knowledge, Corning creates
and makes keystone components that enable high-technology systems for
consumer electronics, mobile emissions control, telecommunications and
life sciences. Our products include glass substrates for LCD
televisions, computer monitors and laptops; ceramic substrates and
filters for mobile emission control systems; optical fiber, cable,
hardware & equipment for telecommunications networks; optical
biosensors for drug discovery; and other advanced optics and specialty
glass solutions for a number of industries including semiconductor,
aerospace, defense, astronomy and metrology.