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Press release from Business Wire

Crane Co. Declares Fourth Quarter Dividend

Monday, October 22, 2012

Crane Co. Declares Fourth Quarter Dividend18:28 EDT Monday, October 22, 2012 STAMFORD, Conn. (Business Wire) -- Crane Co., a diversified manufacturer of highly engineered industrial products, today announced its regular quarterly dividend of $0.28 per share for the fourth quarter of 2012. The dividend is payable on December 10, 2012 to shareholders of record as of the close of business on November 30, 2012. 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, Engineered Materials, Merchandising Systems, Fluid Handling and Controls. Crane has approximately 11,000 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. Crane Co.Richard E. Koch, 203-363-7352Director, Investor Relations &Corporate Communicationswww.craneco.com