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News Release

Carpenter Technology Announces Investor Presentation

WYOMISSING, Pa., Feb 15, 2011 (BUSINESS WIRE) --

Carpenter Technology (NYSE: CRS) will host an Investor Presentation in New York City on Wednesday, February 16, 2011, from 8:30 a.m. to noon Eastern time. The presentation will be led by William A. Wulfsohn, president and chief executive officer, and include participation by the other members of the senior executive team. The presentation will focus on Carpenter Technology's strategic vision and strategy, commercial and market opportunities, research & development initiatives, operational capabilities and financial strength. A question and answer session will be part of the morning event.

Live audio of the meeting and a slide presentation will be available on the Investor Relations page of the Company's corporate website at www.cartech.com. A replay of the meeting will be available after 2 p.m. Eastern time on February 16th.

About Carpenter Technology

Carpenter Technology produces and distributes conventional and powder metal specialty alloys, including stainless steels, titanium alloys, tool steels and superalloys. Information about Carpenter can be found at www.cartech.com.

SOURCE: Carpenter Technology

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

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