Director Shareholding - Rep

Morgan Crucible Co PLC
17 March 2004

The Issuer advises the following replaces Director Shareholdings released today
at 16.36 Number 6517W.  The holding for Mr W. Knowlton should be Rights 75,000
and Holding 375,000.  All other details remain unchanged full amended text
appears below.




THE MORGAN CRUCIBLE COMPANY PLC


In accordance with the terms of the Rights Issue announced on 19th February
2004, the directors of The Morgan Crucible Company plc took up their Rights to
subscribe for New Shares under the Rights Issue and thereby increased their
interest in the ordinary shares of the Company.  The table below details the
number of Rights taken up by each director and their resulting beneficial
holding in the ordinary shares of the Company:



Director                Rights                      Holding

Lars Kylberg            13,018                       65,094

Warren Knowlton         75,000                      375,000

Nigel Young             11,874                       59,374

Sir Clive Whitmore         698                        3,491

Sir Alan Cox            23,265                      116,325

David Godwin            21,250                      106,250

Joseph MacHale          20,000                      100,000





Name of contact and telephone number for queries:

Mr D.J. Coker, Company Secretary tel. [phone]





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