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Carpenter Technology to Attend Conference

Carpenter Technology Corporation (NYSE:CRS) announced today that K. Douglas Ralph, Senior Vice President and Chief Financial Officer, and Mark Kamon, Senior Vice President Advanced Metals Operations will be presenting at the Bear Stearns Commodities and Capital Goods Conference on November 28, 2007, in New York City. The slide presentation will be available on the companys web site, www.cartech.com, after 5:00 p.m. eastern time on November 27, 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.

Contacts:

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

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