Crane Co. Confirms Election of E. C. Fast as CEO

Apr 24, 2001, 01:00 ET from Crane Co.

    STAMFORD, Conn., April 24 /PRNewswire Interactive News Release/ -- Crane
 Co. (NYSE:   CR) confirmed today that the Board of Directors elected Eric C.
 Fast as President and Chief Executive Officer of the Company at the annual
 meeting on April 23, 2001.  He succeeds R. S. Evans, who will continue to
 serve the Company as Chairman of the Board.
     E. C. Fast stated:  "I believe that Crane Co. is well positioned with good
 businesses, capable management and a strong balance sheet.  I am excited by
 the opportunities at Crane and look forward to building on the strong
 foundations laid by Shell Evans."
     Crane Co. is a diversified manufacturer of engineered industrial products.
 
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SOURCE Crane Co.
    STAMFORD, Conn., April 24 /PRNewswire Interactive News Release/ -- Crane
 Co. (NYSE:   CR) confirmed today that the Board of Directors elected Eric C.
 Fast as President and Chief Executive Officer of the Company at the annual
 meeting on April 23, 2001.  He succeeds R. S. Evans, who will continue to
 serve the Company as Chairman of the Board.
     E. C. Fast stated:  "I believe that Crane Co. is well positioned with good
 businesses, capable management and a strong balance sheet.  I am excited by
 the opportunities at Crane and look forward to building on the strong
 foundations laid by Shell Evans."
     Crane Co. is a diversified manufacturer of engineered industrial products.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X62550387
 
 SOURCE  Crane Co.