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News Release

Carpenter Technology to Attend Conference

WYOMISSING, Pa.--(BUSINESS WIRE)--Aug. 26, 2008--Carpenter Technology Corporation (NYSE:CRS) announced today that K. Douglas Ralph, Senior Vice President and Chief Financial Officer, and David A. Christiansen, Vice President - Investor Relations and Business Development, will be attending Cowen's Focus Conference "Impact of Oil Prices on Commercial Aerospace" on September 3, 2008 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 September 2, 2008.

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:
David A. Christiansen, 610-208-3065
dchristiansen@cartech.com

SOURCE: Carpenter Technology Corporation


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