Exhibit 99.2

CRANE CO.

Income Statement Data

(in thousands, except per share data)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2009			2008			2009			2008
Net Sales:
Aerospace & Electronics	$	136,896		$	159,716		$	435,838		$	484,095
Engineered Materials		48,065			58,174			127,990			213,884
Merchandising Systems		75,879			93,611			220,905			323,348
Fluid Handling		266,810			293,621			796,383			883,221
Controls		23,060			37,556			70,223			110,480
Total Net Sales	$	550,710		$	642,678		$	1,651,339		$	2,015,028
Operating Profit:
Aerospace & Electronics	$	19,928		$	10,896		$	56,259		$	45,378
Engineered Materials		7,530			4,410			13,597			24,164
Merchandising Systems		6,914			10,884			16,569			42,361
Fluid Handling		34,882			34,915			98,708			126,233
Controls		(1,667	)		3,277			(2,984	)		8,124
Corporate		(12,134	)		(9,764	)		(43,320	) *		(30,022	)
Total Operating Profit		55,453			54,618			138,829			216,238
Interest Income		270			3,212			1,578			8,379
Interest Expense		(6,821	)		(6,053	)		(20,370	)		(19,236	)
Miscellaneous- Net		83			(191	)		2,323			1,570
Income Before Income Taxes		48,985			51,586			122,360			206,951
Provision for Income Taxes		13,832			15,612			35,973			63,790
Net income before allocations to noncontrolling interests		35,153			35,974			86,387			143,161
Less: Noncontrolling interest in subsidiaries’ earnings (losses)		45			(108	)		202			(308	)
Net income attributable to common shareholders		35,108			36,082			86,185			143,469
Share Data:
Earnings per Diluted Share	$	0.60		$	0.60		$	1.47		$	2.36
Average Diluted Shares Outstanding		58,842			60,485			58,703			60,694
Average Basic Shares Outstanding		58,472			59,811			58,462			59,884
Supplemental Data:
Cost of Sales	$	365,482		$	434,382		$	1,117,028		$	1,342,560
Selling, General & Administrative		129,775			153,678			395,482			456,230
Depreciation and Amortization **		14,025			14,270			43,857			43,965
Stock-Based Compensation Expense		2,266			3,462			6,702			10,447

* 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)

	September 30, 2009		December 31, 2008
ASSETS
Current Assets
Cash and Cash Equivalents	$	304,888	$	231,840
Accounts Receivable, net		314,070		334,263
Current Insurance Receivable - Asbestos		35,300		41,300
Inventories, net		303,243		349,926
Other Current Assets		68,649		63,911
Total Current Assets		1,026,150		1,021,240
Property, Plant and Equipment, net		284,715		290,814
Long-Term Insurance Receivable - Asbestos		222,136		260,660
Other Assets		429,056		420,542
Goodwill		770,328		781,232
Total Assets	$	2,732,385	$	2,774,488
LIABILITIES AND EQUITY
Current Liabilities
Notes Payable and Current Maturities of Long-Term Debt	$	952	$	16,622
Accounts Payable		142,861		182,147
Current Asbestos Liability		91,000		91,000
Accrued Liabilities		226,992		246,915
Income Taxes		4,535		1,980
Total Current Liabilities		466,340		538,664
Long-Term Debt		398,613		398,479
Long-Term Deferred Tax Liability		26,525		22,971
Long-Term Asbestos Liability		760,184		839,496
Other Liabilities		221,669		229,057
Total Equity		859,054		745,821
Total Liabilities and Equity	$	2,732,385	$	2,774,488

CRANE CO.

Condensed Statements of Cash Flows

(in thousands)

	Three Months Ended September 30						Nine Months Ended September 30
	2009			2008			2009			2008
Operating Activities:
Net income attributable to common shareholders	$	35,108		$	36,082		$	86,185		$	143,469
Noncontrolling interest in subsidiaries’ earnings (losses)		45			(108	)		202			(308	)
Net income before allocations to noncontrolling interests		35,153			35,974			86,387			143,161
Gain on divestiture		—			—			—			(932	)
Depreciation and amortization		14,025			14,270			43,857			43,965
Stock-based compensation expense		2,266			3,462			6,702			10,447
Deferred income taxes		12,107			10,774			14,891			22,639
Cash provided by (used for) operating working capital		33,659			10,853			13,037			(35,435	)
Other		5,029			(16,065	)		(4,361	)		(18,466	)
Subtotal		102,239			59,268			160,513			165,379
Asbestos related payments, net of insurance recoveries		(22,253	)		(18,301	)		(34,788	)*		(34,915	)
Total provided by operating activities		79,986			40,967			125,725			130,464
Investing Activities:
Capital expenditures		(3,827	)		(13,257	)		(21,259	)		(33,658	)
Proceeds from disposition of capital assets		1,001			284			3,326			728
Payment for acquisition, net of cash acquired		—			(27,877	)		—			(28,009	)
Proceeds from divestiture		—			—			—			2,106
Total used for investing activities		(2,826	)		(40,850	)		(17,933	)		(58,833	)
Financing Activities:
Dividends paid		(11,695	)		(11,965	)		(35,079	)		(33,521	)
Reacquisition of shares on open market		—			—			—			(40,000	)
Stock options exercised - net of shares reacquired		(546	)		(387	)		(299	)		8,704
Excess tax benefit from stock-based compensation		131			488			131			1,388
Change in short-term debt		(960	)		(2,631	)		(16,365	)		411
Total used for financing activities		(13,070	)		(14,495	)		(51,612	)		(63,018	)
Effect of exchange rate on cash and cash equivalents		7,824			(28,739	)		16,868			(13,552	)
Increase (decrease) in cash and cash equivalents		71,914			(43,117	)		73,048			(4,939	)
Cash and cash equivalents at beginning of period		232,974			321,548			231,840			283,370
Cash and cash equivalents at end of period	$	304,888		$	278,431		$	304,888		$	278,431

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

CRANE CO.

Order Backlog

(in thousands)

	September 30, 2009		June 30, 2009		March 31, 2009		December 31, 2008		September 30, 2008
Aerospace & Electronics	$	369,898	$	383,335	$	396,393	$	418,382	$	418,317
Engineered Materials		8,454		9,135		6,924		6,942		11,035
Merchandising Systems		23,574		19,955		18,822		23,407		25,676
Fluid Handling*		252,333		256,467		275,660		302,653		285,988
Controls		27,292		28,026		26,667		30,509		37,816
Total Backlog	$	681,551	$	696,918	$	724,466	$	781,893	$	778,832

* Includes Order Backlog of $40.4 million in September 2009, $41.8 million in June 2009, $46.5 million in March 2009, $57.0 million in December 2008 and $2.3 million in September 2008 pertaining to the 2008 acquisitions of Delta and Krombach.

CRANE CO.

Non-GAAP Financial Measures

(in thousands)

	Three Months Ended September 30,						Nine Months Ended September 30,						Percent Change September 30, 2009		Percent Change September 30, 2009
	2009			2008			2009			2008			Three Months		Nine Months
INCOME ITEMS
Net Sales	$	550,710		$	642,678		$	1,651,339		$	2,015,028		-14.3	%	-18.0	%
Operating Profit		55,453			54,618			138,829			216,238
Special Items impacting Operating Profit:
Lawsuit Settlement - Pre-Tax (a)		—			—			7,250			—
Restructuring Charges - Pre-Tax (b)		513			—			2,360			—
Environmental Reimbursement - Pre-Tax (d)		—			—			—			(4,444	)
Operating Profit before Special Items	$	55,966		$	54,618		$	148,439		$	211,794		2.5	%	-29.9	%
Percentage of Sales		10.2	%		8.5	%		9.0	%		10.5	%
																	2009 Full Year Guidance
																	Low			High
Net Income Attributable to Common Shareholders	$	35,108		$	36,082		$	86,185		$	143,469						$	112,000		$	121,000
Per Share	$	0.60		$	0.60		$	1.47		$	2.36						$	1.90		$	2.05
Special Items impacting Net Income Attributable to Common Shareholders:
Lawsuit Settlement - Net of Tax (a)					—			4,713			—							4,713	(a)		4,713	(a)
Per Share	$	—			—		$	0.08			—						$	0.08		$	0.08
Restructuring Charges - Net of Tax		345	(b)		—			1,787	(b)		—							4,100	(c)		4,100	(c)
Per Share	$	0.01			—		$	0.03			—						$	0.07		$	0.07
Environmental Reimbursement - Net of Tax (d)		—						—			(2,889	)						—			—
Per Share		—			—			—			(0.05	)						—			—
Net Income Attributable To Common Shareholders Before Special Items	$	35,453		$	36,082		$	92,685		$	140,580		-1.7	%	-34.1	%	$	120,813		$	129,813
Per Share	$	0.60		$	0.60		$	1.58		$	2.32						$	2.05		$	2.20

(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.

	September 30, 2009			December 31, 2008
BALANCE SHEET ITEMS
Notes Payable and Current Maturities of Long-Term Debt	$	952		$	16,622
Long-Term Debt		398,613			398,479
Total Debt		399,565			415,101
Less: Cash and Cash Equivalents		(304,888	)		(231,840	)
Net Debt		94,677			183,261
Equity		859,054			745,821
Net Capitalization	$	953,731		$	929,082
Percentage of Net Debt to Net Capitalization		9.9	%		19.7	%

	Three Months Ended September 30,						Nine Months Ended September 30,
	2009			2008			2009			2008
CASH FLOW ITEMS
Cash Provided from Operating Activities before Asbestos - Related Payments	$	102,239		$	59,268		$	160,513		$	165,379
Asbestos Related Payments, Net of Insurance Recoveries		(22,253	)		(18,301	)		(34,788	) *		(34,915	)
Cash Provided from Operating Activities		79,986			40,967			125,725			130,464
Less: Capital Expenditures		(3,827	)		(13,257	)		(21,259	)		(33,658	)
Free Cash Flow	$	76,159		$	27,710		$	104,466		$	96,806

* 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.