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News Release

Carpenter Technology to Attend Conference

WYOMISSING, Pa.--(BUSINESS WIRE)--June 7, 2007--Carpenter Technology Corporation (NYSE:CRS) announced today that Michael L. Shor, Senior Vice President - Engineered Products Operations will be presenting at the JPMorgan Basics & Industrials Conference on June 12, 2007, in New York City. The slide presentation will be available on the company's web site, www.cartech.com, after 5:00 p.m. eastern time on June 11, 2007.

Carpenter Technology, based in Wyomissing, PA, produces and distributes specialty alloys, including stainless steels, titanium alloys and superalloys, and various engineered products. Information about Carpenter can be found on the Internet at www.cartech.com.

CONTACT: Carpenter Technology Corporation
Investor/Media:
Jaime Vasquez, 610-208-2165
jvasquez@cartech.com

SOURCE: Carpenter Technology Corporation


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