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News Release

Carpenter Technology to Present at Investor Conference

WYOMISSING, Pa.--(BUSINESS WIRE)--Oct. 27, 2005--Carpenter Technology Corporation (NYSE:CRS) announced today that Robert J. Torcolini, Chairman, President and Chief Executive Officer, and Terrence E. Geremski, Senior Vice President - Finance and Chief Financial Officer, will be presenting at JPMorgan's Small Cap Conference on November 1, 2005 in Boston, MA. The slide presentation will be available on the company's web site, www.cartech.com, after 5:00 p.m. eastern time on October 31, 2005.

Carpenter Technology, based in Wyomissing, Pa., is a leading manufacturer and distributor of specialty alloys and engineered products. More information about Carpenter Technology can be found on the Internet at www.cartech.com.

CONTACT: Carpenter Technology Corporation
Investor/Media:
Jaime Vasquez, 610-208-2165
jvasquez@cartech.com

SOURCE: Carpenter Technology Corporation


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