Houghton to Step Down as Corning's Chairman of the Board

Houghton to Step Down as Corning's Chairman of the Board

January 26, 2007

Weeks to be Named New Chairman

    CORNING, N.Y., Jan. 26 /Xinhua-PRNewswire/ -- Corning
Incorporated (NYSE: GLW) on January 24, 2007 announced that
James R. Houghton, 71, will step down as non-executive
chairman of the board at the company's annual shareholders
meeting on April 26, 2007.  He will continue serving as a
member of the company's board of directors.

    (Logo: http://www.xprn.com.cn/xprn/sa/200612081746.jpg
)

    Corning's Board of Directors will name Wendell P.
Weeks, 47, as chairman of the board.  Weeks will continue
as the company's chief executive officer (CEO). Peter F.
Volanakis, 51, will assume the role of president along with
his responsibilities as chief operating officer.  These
actions were approved by the board on January 24, 2007 and
will take effect at the company's annual shareholder
meeting in April.

    Houghton has served Corning for more than 38 years,
first retiring from the company in 1996.  He returned as
non-executive chairman in June 2001, and he was named
chairman and chief executive officer by the board of
directors in April 2002.  He relinquished the CEO role in
April 2005, at which time the board named Weeks president
and CEO, and Volanakis chief operating officer.  In May
2006, Houghton retired as an employee of the company for
the second time but retained the role of non-executive
chairman.

    "Jamie Houghton has served this company admirably
for more than three decades and all of the employees,
shareholders and directors owe him a great deal of
gratitude.  He returned from six years of retirement to
lead Corning out of one of the darkest periods of financial
uncertainty in the company's history," James J.
O'Connor, lead director, said.  "As we look forward,
the board is highly confident that Wendell, Peter and the
entire Management Committee have the correct strategy in
place to lead this company forward."

    Houghton said, "It has been a distinct pleasure to
work hand-in-hand with such capable leaders as Wendell and
Peter.  Wendell Weeks and his management team led the
company's recovery and they have a sound strategy in place
that I believe will benefit our employees and shareholders.
 Corning is in very capable hands."

    Weeks joined Corning in 1983.  He was appointed
division vice president of the Telecommunications Products
Division in July 1994 and deputy general manager in June
1995.  He became vice president and general manager of the
Telecommunications Products in 1996; was named senior vice
president, Opto-Electronics in February 1998; and was
appointed executive vice president, Optical Communications
in January 1999.  In January 2001, Weeks was named
president of Corning Optical Communications and he was
appointed the company's president and chief operating
officer in April 2002.  In April 2005, Weeks became the
company's president and chief executive officer. He was
named to the Corning Board of Directors in December 2000. 
He also serves on Merck & Co.'s Board of Directors.

    Weeks graduated from Lehigh University with a
bachelor's degree and later attended Harvard Business
School as a Baker Scholar, receiving a master's degree.

    Volanakis joined Corning in 1982 as a market
development specialist in the company's Optical Products
Division.  In 1991 he was named director of corporate
marketing and was named general manager, Europe for the
Environmental Products Division in 1992.  In 1995 he became
executive vice president, Siecor Corporation (a
Siemens-Corning equity venture) and in October 1997 he was
appointed senior vice president, Advanced Display Products.
 He was named executive vice president of the Display sector
and Life Sciences division in January 1999.  In January
2001, he became president of Corning Technologies and in
April 2005 he was named the company's chief operating
officer.  He was named to the Corning Board of Directors in
December 2000. He also serves on the Dow Corning Corporation
Board of Directors.

    Volanakis graduated from Dartmouth College with a
bachelor's degree in economics and later received a
master's degree from the Tuck School at Dartmouth College.

    About Corning Incorporated
    Corning Incorporated ( http://www.corning.com ) is a
diversified technology company that concentrates its
efforts on high-impact growth opportunities.  Corning
combines its expertise in specialty glass, ceramic
materials, polymers and the manipulation of the properties
of light, with strong process and manufacturing
capabilities to develop, engineer and commercialize
significant innovative products for the telecommunications,
flat panel display, environmental, semiconductor, and life
sciences industries.

    Forward-Looking and Cautionary Statements
    This press release contains forward-looking statements
that involve a variety of business risks and other
uncertainties that could cause actual results to differ
materially.  These risks and uncertainties include the
possibility of changes in global economic and political
conditions; currency fluctuations; product demand and
industry capacity; competition; manufacturing efficiencies;
cost reductions; availability of critical components and
materials; new product commercialization; changes in the
mix of sales between premium and non-premium products; new
plant start-up costs; possible disruption in commercial
activities due to terrorist activity, armed conflict,
political instability or major health concerns; adequacy of
insurance; equity company activities; acquisition and
divestiture activities; the level of excess or obsolete
inventory; the rate of technology change; the ability to
enforce patents; product and components performance issues;
stock price fluctuations; and adverse litigation or
regulatory developments.  Additional risk factors are
identified in Corning's filings with the Securities and
Exchange Commission.  Forward-looking statements speak only
as of the day that they are made, and Corning undertakes no
obligation to update them in light of new information or
future events.

    For more information, please contact:

    Media Relations:
    Corning China                               
     Lydia Lu                                          
     Tel:   [phone]-1900                 
     Email: [e-mail]                           
    
    US Corning
     Daniel F. Collins
     Tel:   [phone]
     Cell:  [phone] 
     Email: [e-mail]
    
    Investor Relations:
     Kenneth C. Sofio
     Tel:   [phone]
     Email: [e-mail]


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