CARPENTER TECHNOLOGY CORP — Director's Dealing 2005

Apr 29, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2005-04-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-17	Common Stock	J	1000000	—	Disposed	3725	Indirect
2004-11-17	Common Stock	J	1000000	—	Acquired	1000000	Indirect
2005-04-27	Common Stock	S	54400	$56.5217	Disposed	945600	Indirect
2005-04-28	Common Stock	S	16400	$55.0381	Disposed	929200	Indirect
2005-04-27	Common Stock	S	3200	$56.5217	Disposed	890685	Indirect
2005-04-28	Common Stock	S	1000	$55.0381	Disposed	889685	Indirect
2005-04-27	Common Stock	S	400	$56.5217	Disposed	1760	Indirect
2005-04-28	Common Stock	S	100	$55.0381	Disposed	1660	Indirect
2005-04-27	Common Stock	S	500	$56.5217	Disposed	3225	Indirect
2005-04-28	Common Stock	S	200	$55.0381	Disposed	3025	Indirect

Footnotes

F1: Transfer from Peter C. Rossin Estate to the Ada E. Rossin QTIP Trust created under Article 6th of the Will of Peter C. Rossin dated 9/1/1998.

F2: Indirect ownership as Executrix of the Peter C. Rossin Estate

F3: Transfer to the Ada E. Rossin QTIP Trust from the Peter C. Rossin Estate created under Article 6th of the Will of Peter C. Rossin dated 9/1/1998

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 $55.90 to $58.

F6: Average trading price for shares sold; Price range of trades $55.00 to $55.35.

F7: Indirect ownership as Co-Trustee of the Ada E. Rossin Revocable Trust dated 9/17/2003 with John Harmon and Robert Lally.

F8: Indirect ownership as Trustee of the Ada E. Rossin Non QTIP Trust created under Article 6th of the Will of Peter C. Rossin dated 9/1/1998.