CARPENTER TECHNOLOGY CORP — Director's Dealing 2005

Nov 3, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2005-11-01

Reporting Person: ROSSIN ADA E (Right to Nominate Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-09	Common Stock	G	57700	—	Disposed	817300	Indirect
2005-11-01	Common Stock	S	14000	$61.0423	Disposed	660770	Indirect
2005-11-02	Common Stock	S	136400	$61.3599	Disposed	524370	Indirect
2005-11-03	Common Stock	S	49600	$61.375	Disposed	474770	Indirect
2005-11-01	Common Stock	S	700	$61.0423	Disposed	53722	Indirect
2005-11-02	Common Stock	S	6800	$61.3599	Disposed	46922	Indirect
2005-11-03	Common Stock	S	2500	$61.375	Disposed	44422	Indirect
2005-11-01	Common Stock	S	700	$61.0423	Disposed	53722	Indirect
2005-11-02	Common Stock	S	6800	$61.3599	Disposed	46922	Indirect
2005-11-03	Common Stock	S	2500	$61.375	Disposed	44422	Indirect

Footnotes

F1: On August 9, 2005, the Ada E. Rossin Revocable Trust dated 9/17/2003 gifted 57,700 shares to the Peter C. Rossin III Irrevocable Charitable Remainder Unitrust dated 7/7/2005, PNC Bank, Trustee.

F2: Indirect ownership as co-trustee of the Ada E. Rossin Revocable Trust dated 9/17/2003.

F3: Average trading price for shares sold; Price range of trades $61.00 to $61.24.

F4: Indirect ownership as Trustee of the Ada E. Rossin QTIP Trust dated 9/1/1998.

F5: Average trading price for shares sold; Price range of trades $61.00 to $61.69.

F6: Average trading price for shares sold; Price range of trades $61.25 to $61.73.

F7: Indirect ownership as co-trustee of trusts created pursuant to an Irrevocable Deed of Trust dated July 12, 1989 (Peter C. and Ada E. Rossin, Grantors) for the benefit of E.L. Stephans. The reporting person disclaims beneficial ownership of these securities and the filing of this Form 4 is not an admission that the reporting person is the beneficial owner of these securities for the purposes of Section 16, or for any other purposes.

F8: Indirect ownership as co-trustee of trusts created pursuant to an Irrevocable Deed of Trust dated July 12, 1989 (Peter C. and Ada E. Rossin, Grantors) for the benefit of K. R. Stephans. The reporting person disclaims beneficial ownership of these securities and the filing of this Form 4 is not an admission that the reporting person is the beneficial owner of these securities for the purposes of Section 16, or for any other purposes.