Crane NXT, Co. — Director's Dealing 2007

May 23, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CRANE CO /DE/ (CR)
CIK: 0000025445
Period of Report: 2007-05-21

Reporting Person: Craney Thomas J (Pres., Crane Composites Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-21	CRANE CO. COMMON, PAR VALUE $1.00	A	3000	—	Acquired	3000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-21	Employee Stock Option (Right to Buy)	$42.6	A	20000	Acquired	2013-05-21	CRANE CO. COMMON, PAR VALUE $1.00 (20000)	Direct

Footnotes

F1: THIS OPTION VESTS 25% ONE YEAR, 50% TWO YEARS, 75% THREE YEARS AND 100% FOUR YEARS AFTER THE DATE OF GRANT.