CARPENTER TECHNOLOGY CORP — Director's Dealing 2006

Mar 20, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARPENTER TECHNOLOGY CORP (CRS)
CIK: 0000017843
Period of Report: 2006-03-16

Reporting Person: TORCOLINI ROBERT J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-16	Common Stock	S	100	$92.35	Disposed	69516.23	Direct
2006-03-16	Common Stock	S	100	$92.34	Disposed	69416.23	Direct
2006-03-16	Common Stock	S	200	$92.17	Disposed	69216.23	Direct
2006-03-16	Common Stock	S	100	$92.12	Disposed	69116.23	Direct
2006-03-16	Common Stock	S	500	$92.50	Disposed	68616.23	Direct
2006-03-16	Common Stock	S	100	$92.60	Disposed	68516.23	Direct
2006-03-16	Common Stock	S	400	$92.65	Disposed	68116.23	Direct
2006-03-17	Common Stock	S	500	$92.20	Disposed	67616.23	Direct

Footnotes

F1: Includes shares acquired under the Carpenter Technology Corporation Dividend Reinvestment Program.