Crane NXT, Co. — Director's Dealing 2006

May 3, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2006-05-02

Reporting Person: KOPCZICK ELISE (V.P. - Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-02	CRANE CO. COMMON, PAR VALUE $1.00	M	24300	$19.11	Acquired	83919	Direct
2006-05-02	CRANE CO. COMMON, PAR VALUE $1.00	S	100	$42.52	Disposed	83819	Direct
2006-05-02	CRANE CO. COMMON, PAR VALUE $1.00	S	24200	$42.5	Disposed	59619	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-05-02	Employee Stock Option (Right to Buy)	$19.11	M	24300	Disposed	2013-01-27	CRANE CO. COMMON, PAR VALUE $1.00 (24300)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	9433	Indirect
CRANE CO. COMMON, PAR VALUE $1.00	1735	Indirect

Footnotes

F1: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (01/27/2003).