Exhibit 99.2

CRANE CO.

Income Statement Data

(in thousands, except per share data)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2010			2009			2010			2009
Net Sales:
Aerospace & Electronics	$	143,161		$	136,896		$	416,105		$	435,838
Engineered Materials		54,904			48,065			167,305			127,990
Merchandising Systems		77,199			75,879			221,897			220,905
Fluid Handling		255,842			266,810			758,218			796,383
Controls		29,608			23,060			80,294			70,223
Total Net Sales	$	560,714		$	550,710		$	1,643,819		$	1,651,339
Operating Profit:
Aerospace & Electronics	$	25,368		$	19,928		$	76,072		$	56,259
Engineered Materials		7,965			7,530			26,677			13,597
Merchandising Systems		6,261			6,914			19,340			16,569
Fluid Handling		33,197			34,882			93,338			98,708
Controls		1,949			(1,667	)		2,900			(2,984	)
Corporate		(11,861	)		(12,134	)		(36,864	)		(43,320	) *
Total Operating Profit		62,879			55,453			181,463			138,829
Interest Income		299			270			760			1,578
Interest Expense		(6,738	)		(6,821	)		(20,121	)		(20,370	)
Miscellaneous-Net		1,522			83			897			2,323
Income Before Income Taxes		57,962			48,985			162,999			122,360
Provision for Income Taxes		16,359			13,832			48,049			35,973
Net income before allocations to noncontrolling interests		41,603			35,153			114,950			86,387
Less: Noncontrolling interest in subsidiaries’ earnings		96			45			168			202
Net income attributable to common shareholders		41,507			35,108			114,782			86,185
Share Data:
Earnings per Diluted Share	$	0.70		$	0.60		$	1.92		$	1.47
Average Diluted Shares Outstanding		59,525			58,842			59,645			58,703
Average Basic Shares Outstanding		58,608			58,472			58,710			58,462
Supplemental Data:
Cost of Sales	$	373,171		$	365,482		$	1,087,221		$	1,117,028
Selling, General & Administrative		124,664			129,775			375,135			395,482
Depreciation and Amortization **		14,751			14,025			44,596			43,857
Stock-Based Compensation Expense		3,306			2,266			9,650			6,702

* Includes a charge of $7.25 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)

	September 30, 2010		December 31, 2009
ASSETS
Current Assets
Cash and Cash Equivalents	$	315,564	$	372,714
Accounts Receivable, net		330,681		282,463
Current Insurance Receivable - Asbestos		35,300		35,300
Inventories, net		315,291		284,552
Other Current Assets		74,076		71,317
Total Current Assets		1,070,912		1,046,346
Property, Plant and Equipment, net		273,487		285,224
Long-Term Insurance Receivable - Asbestos		187,420		213,004
Other Assets		385,506		406,346
Goodwill		778,180		761,978
Total Assets	$	2,695,505	$	2,712,898
LIABILITIES AND EQUITY
Current Liabilities
Notes Payable and Current Maturities of Long-Term Debt	$	1,424	$	1,078
Accounts Payable		155,286		142,390
Current Asbestos Liability		100,300		100,300
Accrued Liabilities		224,066		218,864
Income Taxes		4,365		4,150
Total Current Liabilities		485,441		466,782
Long-Term Debt		398,691		398,557
Long-Term Deferred Tax Liability		38,521		29,578
Long-Term Asbestos Liability		651,476		720,713
Other Liabilities		162,240		203,566
Total Equity		959,136		893,702
Total Liabilities and Equity	$	2,695,505	$	2,712,898

CRANE CO.

Condensed Statements of Cash Flows

(in thousands)

	Three Months Ended September 30						Nine Months Ended September 30
	2010			2009			2010			2009
Operating Activities:
Net income attributable to common shareholders	$	41,507		$	35,108		$	114,782		$	86,185
Noncontrolling interest in subsidiaries’ earnings		96			45			168			202
Net income before allocations to noncontrolling interests		41,603			35,153			114,950			86,387
Gain on divestiture		(1,015	)		—			(1,015	)		—
Depreciation and amortization		14,751			14,025			44,596			43,857
Stock-based compensation expense		3,306			2,266			9,650			6,702
Deferred income taxes		17,693			12,107			30,913			14,891
Cash (used for) provided by operating working capital		(35,721	)		33,659			(56,367	)		13,037
Other		(29,051	)*		5,029			(39,772	)*		(4,361	)
Subtotal		11,566			102,239			102,955			160,513
Asbestos related payments, net of insurance recoveries		(16,167	)		(22,253	)		(43,652	)		(34,788	)**
Total (used for) provided by operating activities		(4,601	)		79,986			59,303			125,725
Investing Activities:
Capital expenditures		(5,199	)		(3,827	)		(13,589	)		(21,259	)
Proceeds from disposition of capital assets		143			1,001			185			3,326
Proceeds from divestitures		4,615			—			4,615			—
Payment for acquisition - net of cash acquired		—			—			(51,167	)		—
Total used for investing activities		(441	)		(2,826	)		(59,956	)		(17,933	)
Financing Activities:
Dividends paid		(13,453	)		(11,695	)		(37,011	)		(35,079	)
Reacquisition of shares on open market		(19,999	)		—			(29,989	)		—
Stock options exercised - net of shares reacquired		3,962			(546	)		16,351			(299	)
Excess tax benefit from stock-based compensation		851			131			1,820			131
Change in short-term debt		834			(960	)		(2,299	)		(16,365	)
Total used for financing activities		(27,805	)		(13,070	)		(51,128	)		(51,612	)
Effect of exchange rate on cash and cash equivalents		12,882			7,824			(5,369	)		16,868
Increase (decrease) in cash and cash equivalents		(19,965	)		71,914			(57,150	)		73,048
Cash and cash equivalents at beginning of period		335,529			232,974			372,714			231,840
Cash and cash equivalents at end of period	$	315,564		$	304,888		$	315,564		$	304,888

* Includes a $25 million discretionary pension contribution.

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

CRANE CO.

Order Backlog

(in thousands)

	September 30, 2010			June 30, 2010			March 31, 2010			December 31, 2009		September 30, 2009
Aerospace & Electronics	$	401,585	*	$	394,554	*	$	388,169	*	$	351,004	$	369,898	**
Engineered Materials		11,367			12,496			14,810			12,070		8,454
Merchandising Systems		18,044			20,346			21,947			23,522		23,574
Fluid Handling		266,578			257,840			253,946			249,901		252,333
Controls		27,575			28,711			26,910			27,958		27,292
Total Backlog	$	725,149		$	713,947		$	705,782		$	664,455	$	681,551

* Includes Order Backlog of $24.5 million in September 2010, $26.5 million in June 2010 and $22.4 million in March 2010 pertaining to the 2010 acquisition of Merrimac.

** Includes Order Backlog of $15.0 million in September 2009 pertaining to the General Technology Corporation which was divested in December 2009.

CRANE CO.

Non-GAAP Financial Measures

(in thousands)

	Three Months Ended September 30,						Nine Months Ended September 30,						Percent Change September 30, 2010			Percent Change September 30, 2010
	2010			2009			2010			2009			Three Months			Nine Months
INCOME ITEMS
Net Sales	$	560,714		$	550,710		$	1,643,819		$	1,651,339			1.8	%		-0.5	%
Operating Profit		62,879			55,453			181,463			138,829			13.4	%		30.7	%
Percentage of Sales		11.2	%		10.1	%		11.0	%		8.4	%
Special Items impacting Operating Profit:
Lawsuit Settlement—Pre-Tax (a)		—			—			—			7,250
Restructuring Charges (Gains)- Pre-Tax (b)		(415	)		513			(1,165	)		2,360
Operating Profit before Special Items	$	62,464		$	55,966		$	180,298		$	148,439			11.6	%		21.5	%
Percentage of Sales		11.1	%		10.2	%		11.0	%		9.0	%
Net Income Attributable to Common Shareholders	$	41,507		$	35,108		$	114,782		$	86,185
Per Share	$	0.70		$	0.60		$	1.92		$	1.47			16.9	%		31.1	%
Special Items impacting Net Income Attributable to Common Shareholders:
Lawsuit Settlement—Net of Tax (a)		—			—			—			4,713
Per Share										$	0.08
Restructuring Charges (Gains)—Net of Tax (b)		(348	)		345			(823	)		1,787
Per Share	$	(0.01	)	$	0.01		$	(0.01	)	$	0.03
Net Income Attributable To Common Shareholders Before Special Items	$	41,159		$	35,453		$	113,959		$	92,685			16.1	%		23.0	%
Per Share	$	0.69		$	0.60		$	1.91		$	1.58			14.8	%		21.0	%
(a)     During the nine months ended September 30, 2009, the Company recorded a charge for the settlement of a lawsuit brought against the Company by a customer alleging failure of our fiberglass-reinforced plastic material.
(b)     Amounts represent restructuring charges (gains) in connection with the Restructuring Program.
	Three Months Ended September 30,						Nine Months Ended September 30,
	2010			2009			2010			2009
CASH FLOW ITEMS
Cash Provided from Operating Activities before Asbestos—Related Payments	$	11,566		$	102,239		$	102,955		$	160,513
Asbestos Related Payments, Net of Insurance Recoveries		(16,167	)		(22,253	)		(43,652	)		(34,788	)*
Cash Provided from Operating Activities		(4,601	)		79,986			59,303			125,725
Less: Capital Expenditures		(5,199	)		(3,827	)		(13,589	)		(21,259	)
Free Cash Flow	$	(9,800	)	$	76,159		$	45,714		$	104,466

* 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.