-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 k/eJZc8WWTdldkFOpPoq6A==

<SEC-DOCUMENT>0001209191-08-002396.txt : 20080107
<SEC-HEADER>0001209191-08-002396.hdr.sgml : 20080107
<ACCEPTANCE-DATETIME>20080107171547
ACCESSION NUMBER:		0001209191-08-002396
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080103
FILED AS OF DATE:		20080107
DATE AS OF CHANGE:		20080107

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			USG CORP
		CENTRAL INDEX KEY:			0000757011
		STANDARD INDUSTRIAL CLASSIFICATION:	CONCRETE GYPSUM  PLASTER PRODUCTS [3270]
		IRS NUMBER:				363329400
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		125 SOUTH FRANKLIN STREET
		STREET 2:		DEPARTMENT 188
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		312-606-4000

	MAIL ADDRESS:	
		STREET 1:		DEPARTMENT #188
		STREET 2:		125 SOUTH FRANKLIN STREET
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GEBR. KNAUF VERWALTUNGSGESELLSCHAFT KG
		CENTRAL INDEX KEY:			0001126954
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08864
		FILM NUMBER:		08515906

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		3128613730

	MAIL ADDRESS:	
		STREET 1:		AM BAHN HOF 7
		CITY:			IPHOFEN
		STATE:			2M
		ZIP:			97346

	FORMER NAME:	
		FORMER CONFORMED NAME:	GEBR. KNAUF VERWALTUNGSGESELLSCHAFT KG .
		DATE OF NAME CHANGE:	20070913

	FORMER NAME:	
		FORMER CONFORMED NAME:	KNAUF INTERNATIONAL GMBH
		DATE OF NAME CHANGE:	20001024
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>boc22479_02gkv.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-01-03</periodOfReport>

    <issuer>
        <issuerCik>0000757011</issuerCik>
        <issuerName>USG CORP</issuerName>
        <issuerTradingSymbol>USG</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001126954</rptOwnerCik>
            <rptOwnerName>GEBR. KNAUF VERWALTUNGSGESELLSCHAFT KG</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>AM BAHNHOF 7</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>IPHOFEN</rptOwnerCity>
            <rptOwnerState>2M</rptOwnerState>
            <rptOwnerZipCode>97346</rptOwnerZipCode>
            <rptOwnerStateDescription>GERMANY</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $.10 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2008-01-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>92400</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>36.3465</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>13384728</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $.10 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2008-01-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>162400</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>35.2183</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>13547128</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">The reported purchase transactions were effected at prices between $36.23 and $36.50 per share.</footnote>
        <footnote id="F2">The reported purchase transactions were effected at prices between $34.58 and $36.14 per share.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Nikolaus Knauf, General Partner</signatureName>
        <signatureDate>2008-01-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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