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News Release

Carpenter Declares Quarterly Cash Dividend

WYOMISSING, Pa.--(BUSINESS WIRE)--Aug. 19, 2009-- The Board of Directors of Carpenter Technology Corporation (NYSE:CRS), at its meeting yesterday, declared a quarterly cash dividend of $0.18 per share of common stock, payable September 4, 2009, to shareholders of record on September 1, 2009. The ex-dividend date (the date the common stock trades without the dividend) is August 28, 2009.

Source: Carpenter Technology Corporation

Carpenter Technology Corporation
Investor and Media Inquiries:
David A. Christiansen
610-208-3065
dchristiansen@cartech.com


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