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News Release

Carpenter Technology to Attend Conference

WYOMISSING, Pa.--(BUSINESS WIRE)--May 4, 2007--Carpenter Technology Corporation (NYSE:CRS) announced today that Michael L. Shor, Senior Vice President - Engineered Products Operations and Jaime Vasquez, Vice President and Treasurer, will be presenting at the Cleveland Research Specialty Materials Conference on May 10, 2007, 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 May 9, 2007.

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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