Crane NXT, Co. — Director's Dealing 2004

Apr 29, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR-NYSE)
CIK: 0000025445
Period of Report: 2004-04-26

Reporting Person: NOONAN THOMAS MICHAEL (Vice President - Taxes)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-26	CRANE CO. COMMON, PAR VALUE $1.00	A	8000	—	Acquired	42328	Direct
2004-04-26	CRANE CO. COMMON, PAR VALUE $1.00	J	1	—	Acquired	2580	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-26	EMPLOYEE STOCK OPTION(RIGHT TO BUY)	$33.31	A	20000	Acquired	2010-04-26	COMMON STOCK (20000)	Direct

Footnotes

F1: BETWEEN JANUARY 1, 2004 AND MARCH 31, 2004 THE REPORTING PERSON ACQUIRED AN AGGREGATE OF 1 SHARE OF COMMON STOCK AT PREVAILING MARKET PRICES THROUGH THE ISSUER'S 401(K) PLAN.

F2: THIS OPTION VESTS 50% ONE YEAR, 75% TWO YEARS AND 100% THREE YEARS AFTER THE DATE OF GRANT.