Holding(s) in Company

Morgan Crucible Co PLC
23 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:

Deutsche Bank AG





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 and non-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:

Morgan Nominees Limited 10,547,207 shares; Morgan Nominees Ltd

A/c CHY 253,600 shares; Morgan Nominees Limited A/c DGR 220,000 shares; Morgan
Nominees Limited A/c MER 81,741 shares; Morgan Nominees Limited A/c SL 384,834
shares; Bank of New York Nominees 541,048 shares; British Overseas Bank A/c 7020
158,265 shares; Chase Nominees 6,385,188 shares; Clydesdale Bank Custodian
Nominees 433,446 shares; Deutsche Bank International Limited 158,953 shares;
HSBC Global Custody Nominees (UK) Ltd 386,571 shares; Nortrust Nominees Ltd
2,855,857 shares; RBSTB Nominees 977,530 shares; Deutsche Bank AG Frankfurt
25,331 shares.





5)           Number of shares/amount of stock acquired:

Not known



6)           Percentage of issued class:

Not known



7)           Number of shares/amount of stock disposed:

Not known



8)           Percentage of issued class:

Not known



9)           Class of Security:

Ordinary shares of 25p



10)       Date of Transaction:

Not known



11)       Date company informed:

Letter dated 22/7/02 received 23/7/02



12)       Total holding following this notification:

23,409,571 shares



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

10.09



14)       Any additional information:

N/A



15)       Name of contact and telephone number for queries:

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



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

Mr D.J. Coker



17)       Date of notification:

23rd July 2002










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