Exhibit 99.2

CRANE CO.

Income Statement Data

(in thousands, except per share data)

	Three Months Ended June 30,						Six Months Ended June 30,
	2009			2008			2009			2008
Net Sales:
Aerospace & Electronics	$	146,995		$	165,928		$	298,942		$	324,379
Engineered Materials		41,772			72,937			79,925			155,710
Merchandising Systems		73,331			116,233			145,026			229,737
Fluid Handling		263,083			301,100			529,573			589,600
Controls		20,310			37,284			47,163			72,924
Total Net Sales	$	545,491		$	693,482		$	1,100,629		$	1,372,350
Operating Profit:
Aerospace & Electronics	$	19,099		$	18,487		$	36,331		$	34,482
Engineered Materials		4,580			8,100			6,067			19,754
Merchandising Systems		6,675			17,339			9,655			31,477
Fluid Handling		27,059			46,556			63,826			91,318
Controls		(1,731	)		3,547			(1,317	)		4,847
Corporate		(10,190	)		(7,758	)		(31,186	) *		(20,258	)
Total Operating Profit		45,492			86,271			83,376			161,620
Interest Income		465			2,883			1,308			5,167
Interest Expense		(6,780	)		(6,678	)		(13,549	)		(13,183	)
Miscellaneous- Net		529			1,342			2,240			1,761
Income Before Income Taxes		39,706			83,818			73,375			155,365
Provision for Income Taxes		11,901			25,098			22,141			48,178
Net income before allocation to noncontrolling interests		27,805			58,720			51,234			107,187
Less: Noncontrolling interest in subsidiaries’ earnings (losses)		38			(289	)		157			(200	)
Net income attributable to common shareholders		27,767			59,009			51,077			107,387
Share Data:
Earnings per Diluted Share	$	0.47		$	0.97		$	0.87		$	1.77
Average Diluted Shares Outstanding		58,728			60,581			58,643			60,812
Average Basic Shares Outstanding		58,459			59,707			58,458			59,911
Supplemental Data:
Cost of Sales	$	369,537		$	455,647		$	751,546		$	908,178
Selling, General & Administrative		130,462			151,564			265,707			302,552
Depreciation and Amortization **		14,779			14,712			29,832			29,695
Stock-Based Compensation Expense		2,374			3,370			4,436			6,985

* Includes a charge of $7.25 million related to the settlement of a lawsuit brought against the Company by a customer alleging failure of our fiberglass-reinforced plastic material.

** Amount included within cost of sales and selling, general & administrative costs.

CRANE CO.

Condensed Balance Sheets

(in thousands)

	June 30, 2009		December 31, 2008
ASSETS
Current Assets
Cash and Cash Equivalents	$	232,974	$	231,840
Accounts Receivable, net		319,812		334,263
Current Insurance Receivable - Asbestos		35,300		41,300
Inventories, net		333,660		349,926
Other Current Assets		66,785		63,911
Total Current Assets		988,531		1,021,240
Property, Plant and Equipment, net		289,807		290,814
Long-Term Insurance Receivable - Asbestos		230,886		260,660
Other Assets		441,217		420,542
Goodwill		763,026		781,232
Total Assets	$	2,713,467	$	2,774,488
LIABILITIES AND EQUITY
Current Liabilities
Notes Payable and Current Maturities of Long-Term Debt	$	805	$	16,622
Accounts Payable		143,278		182,147
Current Asbestos Liability		91,000		91,000
Accrued Liabilities		225,350		246,915
Income Taxes		5,411		1,980
Total Current Liabilities		465,844		538,664
Long-Term Debt		399,436		398,479
Long-Term Deferred Tax Liability		24,887		22,971
Long-Term Asbestos Liability		791,187		839,496
Other Liabilities		224,496		229,057
Total Equity		807,617		745,821
Total Liabilities and Equity	$	2,713,467	$	2,774,488

CRANE CO.

Condensed Statements of Cash Flows

(in thousands)

	Three Months Ended June 30						Six Months Ended June 30
	2009			2008			2009			2008
Operating Activities:
Net income attributable to common shareholders	$	27,767		$	59,009		$	51,077		$	107,387
Noncontrolling interest in subsidiaries’ earnings (losses)		38			(289	)		157			(200	)
Net income before allocations to noncontrolling interests		27,805			58,720			51,234			107,187
Gain on divestiture		—			(932	)		—			(932	)
Depreciation and amortization		14,779			14,712			29,832			29,695
Stock-based compensation expense		2,374			3,370			4,436			6,985
Deferred income taxes		(5,910	)		5,768			2,784			11,865
Cash provided by (used for) operating working capital		6,997			(16,454	)		(20,622	)		(46,288	)
Other		(499	)		(5,263	)		(9,390	)		(2,401	)
Subtotal		45,546			59,921			58,274			106,111
Asbestos related payments, net of insurance recoveries		(15,191	)		(14,553	)		(12,535	) *		(16,614	)
Total provided by operating activities		30,355			45,368			45,739			89,497
Investing Activities:
Capital expenditures		(7,458	)		(11,321	)		(17,432	)		(20,401	)
Proceeds from disposition of capital assets		622			48			2,325			444
Payment for acquisition, net of cash acquired		—			(47	)		—			(132	)
Proceeds from divestiture		—			1,320			—			2,106
Total used for investing activities		(6,836	)		(10,000	)		(15,107	)		(17,983	)
Financing Activities:
Dividends paid		(11,696	)		(10,761	)		(23,384	)		(21,556	)
Reacquisition of shares on open market		—			—			—			(40,000	)
Stock options exercised - net of shares reacquired		884			5,535			247			9,091
Excess tax benefit from stock-based compensation		—			793			—			900
Change in short-term debt		(6,089	)		(5,995	)		(15,405	)		3,042
Total used for financing activities		(16,901	)		(10,428	)		(38,542	)		(48,523	)
Effect of exchange rate on cash and cash equivalents		16,041			1,880			9,044			15,187
Increase in cash and cash equivalents		22,659			26,820			1,134			38,178
Cash and cash equivalents at beginning of period		210,315			294,728			231,840			283,370
Cash and cash equivalents at end of period	$	232,974		$	321,548		$	232,974		$	321,548

* Includes a $14.5 million insurance settlement receipt from the Highlands Insurance Company.

CRANE CO.

Order Backlog

(in thousands)

	June 30, 2009		March 31, 2009		December 31, 2008		June 30, 2008
Aerospace & Electronics	$	383,335	$	396,393	$	418,382	$	417,883
Engineered Materials		9,135		6,924		6,942		11,892
Merchandising Systems		19,955		18,822		23,407		35,708
Fluid Handling*		256,467		275,660		302,653		297,937
Controls		28,026		26,667		30,509		41,633
Total Backlog	$	696,918	$	724,466	$	781,893	$	805,053

* Includes Order Backlog of $41.8 million in June 2009, $46.5 million in March 2009 and $57.0 million in December 2008 pertaining to the 2008 acquisitions of Delta and Krombach.

CRANE CO.

Non-GAAP Financial Measures

(in thousands)

	Three Months Ended June 30,						Six Months Ended June 30,						Percent Change June 30, 2009		Percent Change June 30, 2009
	2009			2008			2009			2008			Three Months		Six Months
INCOME ITEMS
Net Sales	$	545,491		$	693,482		$	1,100,629		$	1,372,350		-21.3	%	-19.8	%
Operating Profit		45,492			86,271			83,376			161,620
Special Items impacting Operating Profit:
Lawsuit Settlement - Pre-Tax (a)		(500	)		—			7,250			—
Restructuring Charges - Pre-Tax (b)		2,295			—			1,847			—
Environmental Reimbursement - Pre-Tax (d)		—			(4,444	)		—			(4,444	)
Operating Profit before Special Items	$	47,287		$	81,827		$	92,473		$	157,176		-42.2	%	-41.2	%
Percentage of Sales		8.7	%		11.8	%		8.4	%		11.5	%
																	2009 Full Year Guidance
																	Low			High
Net Income Attributable to Common Shareholders	$	27,767		$	59,009		$	51,077		$	107,387						$	103,250		$	121,000
Per Share	$	0.47		$	0.97		$	0.87		$	1.77						$	1.75		$	2.05
Special Items impacting Net Income Attributable to Common Shareholders:
Lawsuit Settlement - Net of Tax (a)		(325	)		—			4,713			—							4,713	(a)		4,713	(a)
Per Share	$	(0.01	)		—		$	0.08			—						$	0.08		$	0.08
Restructuring Charges (Gains) - Net of Tax		1,692	(b)		—			1,402	(b)		—							5,850	(c)		5,850	(c)
Per Share	$	0.03			—		$	0.02			—						$	0.10		$	0.10
Environmental Reimbursement - Net of Tax (d)		—			(2,889	)		—			(2,889	)						—			—
Per Share		—			(0.05	)		—			(0.05	)						—			—
Net Income Attributable To Common Shareholders Before Special Items	$	29,134		$	56,120		$	57,192		$	104,498		-48.1	%	-45.3	%	$	113,813		$	131,563
Per Share	$	0.50		$	0.93		$	0.98		$	1.72						$	1.93		$	2.23

(a) During the three months ended March 31, 2009, the Company recorded a charge for the settlement of a lawsuit brought against the Company by a customer alleging failure or our fiberglass-reinforced plastic material. During the three months ended June 30, 2009, the Company recorded additional insurance recoveries associated with the aforementioned settlement.

(b) Amounts represent restructuring charges in connection with the Restructuring Program.

(c) Amounts represent restructuring charges in connection with the Restructuring Program and integration costs associated with the Krombach acquisition.

(d) During the three months ended June 30, 2008, the Company recorded a $2.1 million reimbursement from the US Government and a $2.4 million reimbursement from a service provider, both related to environmental clean-up activities.

	June 30, 2009			December 31, 2008
BALANCE SHEET ITEMS
Notes Payable and Current Maturities of Long-Term Debt	$	805		$	16,622
Long-Term Debt		399,436			398,479
Total Debt		400,241			415,101
Less: Cash and Cash Equivalents		(232,974	)		(231,840	)
Net Debt		167,267			183,261
Equity		807,617			745,821
Net Capitalization	$	974,884		$	929,082
Percentage of Net Debt to Net Capitalization		17.2	%		19.7	%
	Three Months Ended June 30,						Six Months Ended June 30,
	2009			2008			2009			2008
CASH FLOW ITEMS
Cash Provided from Operating Activities before Asbestos - Related Payments	$	45,546		$	59,921		$	58,274		$	106,111
Asbestos Related Payments, Net of Insurance Recoveries		(15,191	)		(14,553	)		(12,535	) *		(16,614	)
Cash Provided from Operating Activities		30,355			45,368			45,739			89,497
Less: Capital Expenditures		(7,458	)		(11,321	)		(17,432	)		(20,401	)
Free Cash Flow	$	22,897		$	34,047		$	28,307		$	69,096

* Includes a $14.5 million insurance settlement receipt from the Highlands Insurance Company.

Certain non-GAAP measures have been provided to facilitate comparison with the prior year.

The Company reports its financial results in accordance with U.S. generally accepted accounting principles (GAAP). However, management believes that non-GAAP financial measures which exclude certain non-recurring items present additional useful comparisons between current results and results in prior operating periods, providing investors with a clearer view of the underlying trends of the business. Management also uses these non-GAAP financial measures in making financial, operating, planning and compensation decisions and in evaluating the Company’s performance. In addition, Free Cash Flow provides supplemental information to assist management and investors in analyzing the Company’s ability to generate positive cash flow. Non-GAAP financial measures, which may be inconsistent with similarly captioned measures presented by other companies, should be viewed in addition to, and not as a substitute for, the Company’s reported results prepared in accordance with GAAP.