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News Release

Carpenter Declares Quarterly Cash Dividend

WYOMISSING, Pa., Aug 18, 2010 (BUSINESS WIRE) -- The Board of Directors of Carpenter Technology Corporation (NYSE:CRS), at its meeting yesterday, declared a quarterly cash dividend of $.18 per share of common stock, payable September 3, 2010, to shareholders of record on August 31, 2010. The ex-dividend date (the date the common stock trades without the dividend) is August 27, 2010.

SOURCE: Carpenter Technology Corporation

Carpenter Technology Corporation
Investor and Media Inquiries:
Michael A. Hajost, 610-208-3476
mhajost@cartech.com


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