Holding(s) in Company

Morgan Crucible Co PLC
5 July 2002



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



 1. Name of company:

The Morgan Crucible Company plc

 2. Name of shareholder having a major interest:

Legal & General Investment Management Limited.

 3. Please state whether notification indicates that it is in respect of holding
    of the shareholder named in 2 above or in respect of a non-beneficial
    interest or in the case of an individual holder if it is a holding of that
    person's spouse or children under the age of 18:

Beneficial interest of the shareholder named in 2 and its subsidiaries.

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

HSBC Global Custody Nominee (UK) Ltd A/c 775245 1,017,287 shares; HSBC Global
Custody Nominee (UK) Ltd A/c 754612 250,000 shares; HSBC Global Custody Nominee
(UK) Ltd A/c 360509 192,026 shares; HSBC Global Custody Nominee (UK) Ltd A/c
357206 5,291,229 shares; HSBC Global Custody Nominee (UK) Ltd A/c 130007 157,000
shares; HSBC Global Custody Nominee (UK) Ltd A/c 866203 171,000 shares.

 5. Number of shares/amount of stock acquired:

157,000

 6. Percentage of issued class:

0.068%

 7. Number of shares/amount of stock disposed:

N/A

 8. Percentage of issued class:

N/A

 9. Class of Security:

Ordinary shares of 25p

10.Date of Transaction:

03/07/2002

11.Date company informed:

Letter dated 04/07/02 received 05/07/02

12.Total holding following this notification:

7,078,542

13.Total percentage holding of issued class following this notification:

3.05%

14.Any additional information:

N/A

15.Name of contact and telephone number for queries:

Mrs E Marriner, Assistant Company Secretary tel. [phone]

16.Name and signature of authorised company official responsible for making this
notification:

Mrs E Marriner

17.Date of notification:

5th July 2002



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