Corning to reiterate 4Q 2005 guidance

Corning Incorporated Chief Operating Officer Peter F. Volanakis will discuss the company“s growth opportunities in a presentation to investors at the UBS 10th Annual Global Communications Conference …

Corning Incorporated Chief Operating Officer Peter F. Volanakis will discuss the company“s growth opportunities in a presentation to investors at the UBS 10th Annual Global Communications Conference in New York on 15 November 2005. Volanakis will reaffirm the company“s 4Q guidance and provide an update on Corning“s growth areas. “We continue to expect 4Q sales for the company to be in the range of USD 1.18 billion to USD 1.24 billion and earnings per share (EPS) of USD 0.21 to USD 0.23, excluding special items”, Volanakis will say. This EPS estimate is a non-GAAP financial measure and is reconciled on the company“s investor relations Web site. Volanakis will reiterate to investors that the company expects sequential unit volume for its Display Technologies segment in the 4Q to be up 3% to 10% and that sequential pricing is expected to be down slightly. He will also confirm previously announced expectations for the company“s Telecommunications segment, including sequential sales volume of down 4% to 7%; sequential fiber and cable sales down 10% to 15%; and sequential hardware and equipment sales consistent with the 3Q. Corning management will also be meeting investors in Toronto on Monday, 28 November 2005. Investors interested in attending a lunch meeting in Toronto are invited to contact Corning“s investor relations department at (607) 974-8764. Corning“s presentation to investors at UBS 10th Annual Global Communications Conference will be available via webcast through the investor relations events calendar on Corning“s Web site.