Exhibit 99.1

Carpenter Technology Corporation

Business Segement Data

(Unaudited)

($ in millions)

	Three months ended
	September 30, 2006			December 31, 2006			March 31, 2007			June 30, 2007
Net Sales
Advanced Metals Operations	$	290.3		$	311.5		$	378.4		$	385.0
Premium Alloys Operations		86.9			106.0			134.0			148.8
Engineered Products Operations		28.0			24.3			26.1			27.3
Intersegment		(0.7	)		(0.5	)		(0.1	)		(0.5	)
Consolidated Net Sales	$	404.5		$	441.3		$	538.4		$	560.6
Operating Income
Advanced Metals Operations	$	40.7		$	41.3		$	65.6		$	55.3
Premium Alloys Operations		31.2			22.9			29.4			36.6
Engineered Products Operations		5.4			4.8			4.1			4.8
Corporate costs		(7.9	)		(10.1	)		(7.1	)		(8.0	)
Pension earnings, interest & deferrals		3.6			3.6			3.6			3.7
Intersegment		0.1			0.2			0.1			(0.1	)
Consolidated Operating Income	$	73.1		$	62.7		$	95.7		$	92.3
	Three months ended
	September 30, 2005			December 31, 2005			March 31, 2006			June 30, 2006
Net Sales
Advanced Metals Operations	$	245.4		$	246.8		$	287.4		$	312.5
Premium Alloys Operations		75.9			74.2			112.9			112.0
Engineered Products Operations		25.1			25.3			26.3			26.2
Intersegment		(0.4	)		(0.6	)		(0.6	)		(0.2	)
Consolidated Net Sales	$	346.0		$	345.7		$	426.0		$	450.5
Operating Income
Advanced Metals Operations	$	42.1		$	40.9		$	56.1		$	59.0
Premium Alloys Operations		18.9			22.3			37.0			35.5
Engineered Products Operations		5.2			4.2			4.3			3.4
Corporate costs		(5.1	)		(6.1	)		(7.2	)		(9.8	)
Pension earnings, interest & deferrals		2.6			2.6			2.6			2.6
Intersegment		—			—			(0.5	)		0.1
Consolidated Operating Income	$	63.7		$	63.9		$	92.3		$	90.8
	Years Ended June 30,
	2007			2006
Net Sales
Advanced Metals Operations	$	1,365.2		$	1,092.1
Premium Alloys Operations		475.7			375.0
Engineered Products Operations		105.7			102.9
Intersegment		(1.8	)		(1.8	)
Consolidated Net Sales	$	1,944.8		$	1,568.2
Operating Income
Advanced Metals Operations	$	202.9		$	198.1
Premium Alloys Operations		120.1			113.7
Engineered Products Operations		19.1			17.1
Corporate costs		(33.1	)		(28.2	)
Pension earnings, interest & deferrals		14.5			10.4
Intersegment		0.3			(0.4	)
Consolidated Operating Income	$	323.8		$	310.7