Directors' Notification of Dealing in Shares

Morgan Crucible Co PLC
6 June 2000



Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
The Morgan Crucible Company plc

2   Name of director:
Mr D.C. Davies

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
Director named in 2

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
Mr D.C. Davies

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
N/A

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Grant of Option

7   Number of shares/amount of stock acquired:
NIL

8   Percentage of issued class:
NIL

9   Number of shares/amount of stock disposed:
NIL

10  Percentage of issued class:
NIL

11  Class of security:
N/A

12  Price per share:
N/A

13  Date of transaction:
N/A

14  Date company informed:
N/A

15  Total holding following this notification:
N/A

16  Total percentage holding of issued class following this notification:
N/A

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:
5/6/2000

18  Period during which or date on which exercisable:
5/6/2003 - 4/6/2010

19  Total amount paid (if any) for grant of the option:
NIL

20  Description of shares or debentures involved: class, number:
Ordinary shares of 25p 150,000

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
248p

22  Total number of shares or debentures over which options held following
this notification:
150,000

23  Contact name for queries:
Option granted pursuant to The Morgan Executive Share Option Scheme 1995

24  Contact telephone number:
01753 837000

25  Name of company official responsible for making notification:
Mrs E. Marriner
Assistant Company Secretary

Additional Information: