Crane Co. Annual Report Available

Business Wire, March 10, 2008

STAMFORD, Conn. -- Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, announced today that it has filed its Annual Report to Shareholders for the fiscal year ended December 31, 2007 with the Securities and Exchange Commission.

The Annual Report to Shareholders, which includes Crane Co.'s annual report on Form 10-K, is available on Crane Co.'s website, www.craneco.com, in the "Investor Relations" section under "Annual Reports and Proxy Statement." Any shareholder may also receive a hard copy of the Company's complete audited financial statements free of charge, by writing to Crane Co. c/o Corporate Secretary, 100 First Stamford Place, Stamford, CT 06902.

Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane provides products and solutions to customers in the aerospace, electronics, hydrocarbon processing, petrochemical, chemical, power generation, automated merchandising, transportation and other markets. The Company has five business segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, Merchandising Systems, and Controls. Crane has approximately 12,000 employees in North America, South America, Europe, Asia and Australia. Crane Co. is traded on the New York Stock Exchange (NYSE:CR). For more information, visit www.craneco.com.

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