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Corning Announces Results To Date Of Cash Tender Offer

Corning Incorporated (NYSE: GLW) announced today that, pursuant to its previously announced cash tender offer, $74,681,000 million in aggregate principal amount of debentures subject to the cash tender offer were validly tendered and not validly withdrawn before 5 p.m. New York City time on Thursday, Nov. 8, 2012, the Early Tender Date for the tender offer, according to information provided by D.F. King & Co., the depositary for the tender offer, as more fully set forth below.

Title of Security

  Acceptance Priority Level  

Aggregate Principal Amount Outstanding

 

Principal Amount Tendered

 

Approximate Percentage of Outstanding Amount Tendered

       
8.875% Debentures due August 15, 2021 1 $ 75,000,000 $13,095,000 17.46%
8.875% Debentures due March 15, 2016 2 $ 75,000,000 $10,729,000 14.31%
6.75% Debentures due September 15, 2013 3 $100,000,000

$50,857,000

50.86%

Aggregate Total Tender Offer Securities(1) $250,000,000 $74,681,000 29.87%
 

(1) The maximum aggregate principal amount of debentures that will be purchased by Corning is $75,000,000.

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