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News Release

Carpenter Declares Quarterly Cash Dividend

WYOMISSING, Pa., Apr 18, 2012 (BUSINESS WIRE) --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 June 7, 2012, to shareholders of record on May 1, 2012. The ex-dividend date (the date the common stock trades without the dividend) is April 27, 2012.

SOURCE: Carpenter Technology Corporation

Carpenter Technology Corporation
Media Inquiries:
William J. Rudolph, Jr., 610-208-3892
wrudolph@cartech.com
or
Investor Inquiries:
Michael A. Hajost, 610-208-3476
mhajost@cartech.com


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