Crane NXT, Co. — Director's Dealing 2006

May 2, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2006-05-01

Reporting Person: FAST ERIC C (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-01	CRANE CO. COMMON, PAR VALUE $1.00	M	162640	$19.61	Acquired	440840	Direct
2006-05-01	CRANE CO. COMMON, PAR VALUE $1.00	M	37360	$19.86	Acquired	478200	Direct
2006-05-01	CRANE CO. COMMON, PAR VALUE $1.00	S	200000	$42.25	Disposed	278200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-05-01	Employee Stock Option (Right to Buy)	$19.86	M	37360	Disposed	2010-01-24	CRANE CO. COMMON, PAR VALUE $1.00 (37360)	Direct
2006-05-01	Employee Stock Option (Right to Buy)	$19.61	M	162640	Disposed	2009-10-25	CRANE CO. COMMON, PAR VALUE $1.00 (162640)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
CRANE CO. COMMON, PAR VALUE $1.00	1598	Indirect
CRANE CO. COMMON, PAR VALUE $1.00	85000	Indirect

Footnotes

F1: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (01/24/2000).

F2: THE OPTION VESTED 50% ON THE FIRST, 75% ON THE SECOND AND 100% ON THE THIRD ANNIVERSARY OF THE GRANT DATE (10/25/1999).