Patrice Herbay Appointed Regional Business Manager, Toulouse, France, for Crane Aerospace

LYNNWOOD, Wash. – May 15, 2008 – Crane Aerospace & Electronics, a segment of Crane Co. (NYSE:CR), announces the appointment of Patrice Herbay as Aerospace Group Regional Business Manager, Toulouse, France. In this role, Herbay will be responsible for developing business and relationships with Crane customers in France and Spain including Airbus and other major European OEM, airline and systems customers. Herbay will be located in Toulouse, France, adjacent to Airbus, one of Crane’s key customers in Europe.

Prior to Crane, Herbay worked with the Customer Services organization at Airbus Toulouse and at Airbus UK. Previous to that, he held design and project engineering roles in the rail transport industry in France. He has a degree in Mechanical Engineering from UTC (Université de Technologie de Compiègne). Herbay is a French National, and is fluent in English and Spanish.

Crane Aerospace & Electronics is a major supplier of systems and components for critical aerospace and defense applications. Product and service offerings are organized in solution sets, and include Landing System Solutions, Sensing and Utility Solutions, Fluid Management Solutions, Power Solutions, Microwave Systems Solutions, Electronic Manufacturing Solutions, Microelectronics Solutions and Cabin Solutions. Products are manufactured under the brand names ELDEC, General Technology, Hydro-Aire, Interpoint, Keltec, Lear Romec, Olektron, P.L. Porter, and Signal Technology. For more information on Crane Aerospace & Electronics, visit www.craneae.com.

Crane Aerospace & Electronics is a segment of Crane Co., a diversified manufacturer of highly engineered industrial products. Crane Co. is traded on the New York Stock Exchange (NYSE: CR). For more information on Crane Co. visit www.craneco.com.