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News Release

Carpenter Technology to Present At Conference

WYOMISSING, Pa.--(BUSINESS WIRE)--June 1, 2006--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 the JPMorgan Basics & Industrials Conference on June 5, 2006 in New York City. The slide presentation will be available on the company's web site, www.cartech.com, after 5:00 p.m. eastern time on June 2, 2006.

Carpenter Technology, 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 on the Internet at www.cartech.com.

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


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