William J. Rudolph, Jr.
(610) 208 -3892                                                                                                       
wrudolph@cartech.com

Investor Inquiries:
Michael A. Hajost
(610) 208-3476
mhajost@cartech.com

CARPENTER DECLARES QUARTERLY CASH DIVIDEND

Wyomissing, Pa. (January 29, 2014) - The Board of Directors of Carpenter Technology Corporation (NYSE:CRS), at its meeting yesterday, declared a quarterly cash dividend of $0.18 per share of common stock, payable March 6, 2014, to shareholders of record on February 11, 2014.  The ex-dividend date (the date the common stock trades without the dividend) is February 7, 2014.

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Carpenter Technology, based in Wyomissing, PA, produces and distributes specialty alloys, including stainless steels, titanium alloys and superalloys, and various engineered products.www.cartech.com.


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