Carpenter Technology Announces Conference Call and Webcast

Carpenter Technology Corporation (NYSE:CRS) plans to host a conference call and webcast on Thursday, January 26, 2012 at 10:00 a.m., Eastern time, to discuss the results of operations for the second quarter of fiscal year 2012, ended December 31, 2011.

Please call 610-208-2222 for the conference call telephone number and passcode. The webcast will be hosted by Thomson Reuters and can be accessed at Carpenter Technology’s web site at www.cartech.com.

The webcast is also being distributed through the Thomson StreetEvents Network to both institutional and individual investors. Individual investors can listen to the call at www.fulldisclosure.com, Thomson Reuters’ individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson’s password-protected event management site, StreetEvents (www.streetevents.com).

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 Technology can be found on the Internet at www.cartech.com.