Corning Announces Cash Tender Offer for up to $75 Million Aggregate Principal Amount of its Outstanding Debt Securities and Redemption of Two Series of Outstanding Debt Securities

CORNING, N.Y., – Corning Incorporated (NYSE:GLW) announced today that it has commenced a cash tender offer for up to $75 million aggregate principal amount of specified series of its outstanding debt. The terms and conditions of the tender offer are set forth in an Offer to Purchase dated today. The Company will also redeem $174 million in outstanding debentures.

In the tender offer, the Company is offering to purchase, under certain conditions and subject to certain limits, its 8.875% Debentures due 2021, 8.875% Debentures due 2016 and 6.75% Debentures due 2013 (collectively, the “debentures”).

Corning Announces Cash Tender Offer for up to $75 Million Aggregate Principal Amount of its Outstanding Debt Securities and Redemption of Two Series of Outstanding Debt Securities

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