Crane NXT, Co. — Director's Dealing 2005

Jan 26, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2005-01-24

Reporting Person: PANTALEONI A D (VP Envir. Health & Safety)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-01-24	CRANE CO. COMMON, PAR VALUE $1.00	A	1000	—	Acquired	39874	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-01-24	Employee Stock Option (Right to Buy)	$26.86	A	5000	Acquired	2011-01-24	CRANE CO. COMMON, PAR VALUE $1.00 (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	13629	Indirect

Footnotes

F1: BETWEEN APRIL 1, 2004 AND DECEMBER 31, 2004 THE REPORTING PERSON ACQUIRED AN AGGREGATE OF 643 SHARES OF COMMON STOCK AT PREVAILING MARKET PRICES THROUGH THE ISSUER'S 401(K) PLAN.

F2: THE OPTION VESTS 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE.