CARPENTER TECHNOLOGY CORP — Director's Dealing 2004

Aug 12, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2004-06-30

Reporting Person: ROSSIN ADA E (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-30	Common Stock	J	1000	$39.9081	Acquired	893885	Direct
2004-03-31	Common Stock	J	2800	$32.725	Acquired	893885	Direct
2004-05-11	Common Stock	J	8200	$26.66	Disposed	1005885	Indirect
2003-12-30	Common Stock	J	1000	$39.9081	Disposed	245450	Indirect
2004-03-31	Common Stock	J	2800	$32.725	Disposed	245450	Indirect

Footnotes

F1: Payment in kind of quarterly Unitrust amount from the Peter C. and Ada E. Rossin Charitable Remainder Unitrust dated April 8, 1998 to Ada E. Rossin as current income beneficiary.

F2: Distribution of shares from the Estate of Peter C. Rossin to Trusts created pursuant to an Irrevocable Deed of Trust dated November 21, 1997.

F3: Indirect ownership as Executrix of the Estate of Peter C. Rossin.

F4: Indirect ownership as Trustee of the Peter C. and Ada E. Rossin Charitable Remainder Unitrust dated April 8, 1998