CARPENTER TECHNOLOGY CORP — Director's Dealing 2005

Oct 28, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2005-10-27

Reporting Person: VASQUEZ JAIME (VP and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-10-27	Common Stock	S	589	$58.71	Disposed	4425.56	Direct
2005-10-27	Common Stock	S	700	$58.70	Disposed	3725.56	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16.075	Indirect

Footnotes

F1: Includes 3.39 shares acquired on 9/2/05 under the Carpenter Technology Corporation Dividend Reinvestment Program at a price of 56.84 per share.

F2: Includes shares acquired under the Savings Plan of Carpenter Technology Corporation. The share balance under the Savings Plan of Carpenter Technology fluctuates due to rounding differences produced by the Plan's method of estimating shares.