Further Re Disposal

Morgan Crucible Co PLC
28 March 2000

In line with The Morgan Crucible Company plc's ('Morgan') stated strategy to
focus on its core businesses, and further to the announcement on 16th
February of its agreement to dispose of the Power Industry Products division
('PIP') to Tyco International Ltd, Morgan confirmed today that it had
received the necessary regulatory approvals for the completion of the
disposal of PIP to Tyco, and that with immediate effect the ownership of the
business would be transferred.  Tyco paid £44 million for the business, on a
debt and cash free basis.

Enquiries:

Stephen Breslin/Nigel Fairbrass     Brunswick                0171 404 5959