Exhibit 99.2

  Statement Under Oath of Principal Executive Officer and
        Principal Financial Officer Regarding Facts
     and Circumstances Relating to Exchange Act Filings

I, Terrence E. Geremski, state and attest that:

     (1)  To the best of my knowledge, based upon a review
of the covered reports of Carpenter Technology Corporation,
and, except as corrected or supplemented in a subsequent
covered report:

          -    no covered report contained an untrue
               statement of a material fact as of the end
               of the period covered by such report (or in
               the case of a report on Form 8-K or
               definitive proxy materials, as of the date
               on which it was filed); and

          -    no covered report omitted to state a
               material fact necessary to make the
               statements in the covered report, in light
               of the circumstances under which they were
               made, not misleading as of the end of the
               period covered by such report (or in the
               case of a report on Form 8-K or definitive
               proxy materials, as of the date on which it
               was filed).

     (2)  I have reviewed the contents of this statement
with the Company's audit committee.

     (3)  In this statement under oath, each of the
following, if filed on or before the date of this
statement, is a "covered report":

          -    Annual Report on Form 10-K for the year
               ended June 30, 2002 of Carpenter Technology
               Corporation;

          -    all reports on Form 10-Q, all reports on
               Form 8-K, and all definitive proxy materials
               of Carpenter Technology Corporation filed
               with the Commission subsequent to the filing
               of the Form 10-K identified above; and

          -    any amendments to any of the foregoing.

/s/ Terrence E. Geremski       Subscribed and sworn to
Terrence E. Geremski           before me this 23rd day of
Senior Vice President          September, 2002
Finance & Chief Financial
Officer                        /s/Karla Lewars
September 23, 2002             Notary Public

                               My Commission Expires:
                               September 8, 2003