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News Release

Carpenter Technology to Present at Conference

WYOMISSING, Pa.--(BUSINESS WIRE)--Nov. 10, 2006--Carpenter Technology Corporation (NYSE:CRS) announced today that they will be attending and presenting at the JPMorgan Small/Mid Cap Conference on November 14, 2006 in Boston. Representing Carpenter at the conference will be Anne L. Stevens, Chairman, President and Chief Executive Officer, and David Kornblatt, Senior Vice President - Finance and Chief Financial Officer. The slide presentation will be available on the company's web site, www.cartech.com, after 5:00 p.m. eastern time on November 13, 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
Investor/Media:
Jaime Vasquez, 610-208-2165
jvasquez@cartech.com

SOURCE: Carpenter Technology Corporation


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