Crane Co. Announces Date for First Quarter 2008 Earnings Release and Teleconference

Business Wire, March 13, 2008

STAMFORD, Conn. -- Crane Co. (NYSE: CR) announces the following schedule and teleconference information for its first quarter 2008 earnings release:

* Earnings Release: April 21, 2008 after close of market by public distribution and the Crane Co. website at www.craneco.com.

* Teleconference: April 22, 2008 at 10:00 AM (Eastern) hosted by Eric C. Fast, President & CEO and Richard E. Koch, Director of Investor Relations and Corporate Communications. The web cast will be in a listen-only mode via the Company's website www.craneco.com.

* Web Replay: Will be available on the Company's website shortly after completion of the live call.

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.