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Carpenter Declares Quarterly Cash DividendWYOMISSING, Pa., Jan 23, 2008 (BUSINESS WIRE) -- The Board of Directors of Carpenter Technology Corporation (NYSE:CRS), at its meeting yesterday, declared a quarterly cash dividend of $.15 per share of common stock, payable March 6, 2008, to shareholders of record on February 5, 2008. The ex-dividend date (the date the common stock trades without the dividend) is February 1, 2008.

SOURCE: Carpenter Technology Corporation

Carpenter Technology Corporation
Mr. Jaime Vasquez, Vice President and Treasurer
610-208-2165
jvasquez@cartech.com


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