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News Release

Carpenter Declares Quarterly Cash Dividend

$0.18 per share of Common Stock to be Paid March 7

WYOMISSING, Pa.--(BUSINESS WIRE)--Jan. 30, 2013-- 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 March 7, 2013, to shareholders of record on February 12, 2013. The ex-dividend date (the date the common stock trades without the dividend) is February 8, 2013.

About Carpenter Technology Corporation

Carpenter Technology Corporation, based in Wyomissing, Pa., produces and distributes specialty alloys, including stainless steels, titanium alloys and superalloys, and various engineered products. Information about Carpenter can be found at www.cartech.com.

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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