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News Release

Carpenter Technology Announces Conference Call and Webcast

WYOMISSING, Pa., Jul 01, 2010 (BUSINESS WIRE) --

Carpenter Technology Corporation (NYSE:CRS) plans to host a conference call and webcast on Thursday, July 29, at 10:00 a.m. Eastern time to discuss the results of operations for the fourth quarter and full year of fiscal year 2010, ended June 30, 2010.

Please call 610-208-2222 for the conference call telephone number and passcode. The webcast will be hosted by Thomson Reuters and can be accessed at Carpenter Technology's web site at www.cartech.com.

The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.fulldisclosure.com, Thomson Reuters' individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson's password-protected event management site, StreetEvents (www.streetevents.com).

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 Technology can be found on the Internet at www.cartech.com.

SOURCE: Carpenter Technology Corporation

Carpenter Technology Corporation
Michael A. Hajost, 610-208-3476
mhajost@cartech.com

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