Exhibit 99.2

CRANE CO.

Income Statement Data

(in thousands, except per share data)

	Three Months Ended March 31,
	2010			2009
Net Sales:
Aerospace & Electronics	$	133,645		$	151,947
Engineered Materials		53,755			38,152
Merchandising Systems		70,171			71,694
Fluid Handling		247,789			266,497
Controls		24,931			26,849
Total Net Sales	$	530,291		$	555,139
Operating Profit:
Aerospace & Electronics	$	24,489		$	17,233
Engineered Materials		8,540			1,487
Merchandising Systems		4,969			2,980
Fluid Handling		27,989			36,767
Controls		126			414
Corporate		(12,833	)		(20,997	)	*
Total Operating Profit		53,280			37,884
Interest Income		225			843
Interest Expense		(6,726	)		(6,770	)
Miscellaneous- Net		(21	)		1,711
Income Before Income Taxes		46,758			33,668
Provision for Income Taxes		13,574			10,238
Net income before allocations to noncontrolling interests		33,184			23,430
Less: Noncontrolling interest in subsidiaries' earnings (losses)		(50	)		119
Net income attributable to common shareholders		33,234			23,311
Share Data:
Earnings per Diluted Share	$	0.56		$	0.40
Average Diluted Shares Outstanding		59,570			58,543
Average Basic Shares Outstanding		58,650			58,453
Supplemental Data:
Cost of Sales	$	352,271		$	382,010
Selling, General & Administrative		124,740			135,245
Depreciation and Amortization **		14,437			15,053
Stock-Based Compensation Expense		3,172			2,062

* Includes a charge of $7.75 million related to the settlement of a lawsuit.

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

CRANE CO.

Condensed Balance Sheets

(in thousands)

	March 31, 2010		December  31, 2009
ASSETS
Current Assets
Cash and Cash Equivalents	$	319,584	$	372,714
Accounts Receivable, net		311,914		282,463
Current Insurance Receivable - Asbestos		35,300		35,300
Inventories, net		296,708		284,552
Other Current Assets		72,430		71,317
Total Current Assets		1,035,936		1,046,346
Property, Plant and Equipment, net		285,715		285,224
Long-Term Insurance Receivable - Asbestos		200,184		213,004
Other Assets		407,859		406,346
Goodwill		774,556		761,978
Total Assets	$	2,704,250	$	2,712,898
LIABILITIES AND EQUITY
Current Liabilities
Notes Payable and Current Maturities of Long-Term Debt	$	879	$	1,078
Accounts Payable		155,966		142,390
Current Asbestos Liability		100,300		100,300
Accrued Liabilities		209,627		218,864
Income Taxes		4,300		4,150
Total Current Liabilities		471,072		466,782
Long-Term Debt		398,602		398,557
Long-Term Deferred Tax Liability		29,272		29,578
Long-Term Asbestos Liability		696,768		720,713
Other Liabilities		201,660		203,566
Total Equity		906,876		893,702
Total Liabilities and Equity	$	2,704,250	$	2,712,898

CRANE CO.

Condensed Statements of Cash Flows

(in thousands)

	Three Months Ended March 31
	2010			2009
Operating Activities:
Net income attributable to common shareholders	$	33,234		$	23,311
Noncontrolling interest in subsidiaries’ earnings (losses)		(50	)		119
Net income before allocations to noncontrolling interests		33,184			23,430
Depreciation and amortization		14,437			15,053
Stock-based compensation expense		3,172			2,062
Deferred income taxes		6,682			8,694
Cash used for operating working capital		(31,687	)		(27,619	)
Other		2,155			(8,892	)
Subtotal		27,943			12,728
Asbestos related payments, net of insurance recoveries		(11,125	)		2,656		*
Total provided by operating activities		16,818			15,384
Investing Activities:
Capital expenditures		(4,119	)		(9,974	)
Proceeds from disposition of capital assets		—			1,703
Payment for acquisition - net of cash acquired		(51,167	)		—
Total used for investing activities		(55,286	)		(8,271	)
Financing Activities:
Dividends paid		(11,743	)		(11,688	)
Stock options exercised - net of shares reacquired		4,714			(637	)
Excess tax benefit from stock-based compensation		391			—
Change in short-term debt		(3,046	)		(9,316	)
Total used for financing activities		(9,684	)		(21,641	)
Effect of exchange rate on cash and cash equivalents		(4,978	)		(6,997	)
Decrease in cash and cash equivalents		(53,130	)		(21,525	)
Cash and cash equivalents at beginning of period		372,714			231,840
Cash and cash equivalents at end of period	$	319,584		$	210,315

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

CRANE CO.

Order Backlog

(in thousands)

	March 31, 2010		December 31, 2009		September 30 2009		June 30, 2009		March 31, 2009
Aerospace & Electronics	$	388,169	$	351,004	$	369,898	$	383,335	$	396,393
Engineered Materials		14,810		12,070		8,454		9,135		6,924
Merchandising Systems		21,947		23,522		23,574		19,955		18,822
Fluid Handling		253,946		249,901		252,333		256,467		275,660
Controls		26,910		27,958		27,292		28,026		26,667
Total Backlog	$	705,782	$	664,455	$	681,551	$	696,918	$	724,466

CRANE CO.

Non-GAAP Financial Measures

(in thousands)

	Three Months Ended March 31,							Percent Change March 31, 2010
	2010			2009				Three Months
INCOME ITEMS
Net Sales	$	530,291		$	555,139			-4.5	%
Operating Profit		53,280			37,884
Special Items impacting Operating Profit:
Lawsuit Settlement—Pre-Tax (a)		—			7,750
Restructuring Charges (Gains)- Pre-Tax		135			(448	)
Operating Profit before Special Items	$	53,415		$	45,186			18.2	%
Percentage of Sales		10.1	%		8.1	%
Net Income Attributable to Common Shareholders	$	33,234		$	23,311
Per Share	$	0.56		$	0.40
Special Items impacting Net Income Attributable to Common Shareholders:
Lawsuit Settlement—Net of Tax (a)		—			5,038
Per Share		—		$	0.09
Restructuring Charges (Gains)—Net of Tax		96			(291	)
Per Share	$	0.00		$	(0.00	)
Net Income Attributable To Common Shareholders Before Special Items	$	33,330		$	28,058			18.8	%
Per Share	$	0.56		$	0.48			16.7	%
(a)    During the three months ended March 31, 2009, the Company recorded a charge for the settlement of a lawsuit.
	Three Months Ended March 31,
	2010			2009
CASH FLOW ITEMS
Cash Provided from Operating Activities before Asbestos—Related Payments	$	27,943		$	12,728
Asbestos Related Payments, Net of Insurance Recoveries		(11,125	)		2,656		*
Cash Provided from Operating Activities		16,818			15,384
Less: Capital Expenditures		(4,119	)		(9,974	)
Free Cash Flow	$	12,699		$	5,410

* 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.