CARPENTER TECHNOLOGY CORP — Director's Dealing 2005

Jul 1, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2005-06-30

Reporting Person: OATES DENNIS M (Sr. VP-Specialty Alloys Oper.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-30	Common Stock	A	4500	—	Acquired	39500	Direct
2005-06-30	Common Stock	F	3980	$51.80	Disposed	35520	Direct

Footnotes

F1: The reporting person was granted restricted stock under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.

F2: In connection with the vesting of previously reported restricted shares