Holding(s) in Company

Morgan Crucible Co PLC
01 April 2003

                                  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:

Schroder 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 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:

Chase Nominees Limited A/C 03886 726,000 shares; Chase Nominees Limited
1,211,943 shares; Chase Manhattan Bank 218,197 shares; Nutraco Nominees Ltd A/C
GWPPMPS 245,110 shares; HSBC Global Custody Nominee (UK) Ltd 301,415 shares;
State Street Nominees Limited A/C 5H57 942,400 shares; Morgan Nominees Ltd A/C
CCC 356,740 shares; Morgan Nominees Ltd 1,364,292 shares; Bank of New York
769,000 shares; BT Globenet Nominees Ltd A/C 6B 2,130,585 shares; Nortrust
Nominees Limited 6,893,597 shares;Imperial Pensions Nominees Ltd 1,587,500
shares; Schroder Nominees Limited 9,935,087 shares; Chase Nominees Limited
3,660,054 shares.



5)           Number of shares/amount of stock acquired:

N/A



6)           Percentage of issued class:

N/A



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:

Not known



11)       Date company informed:

Faxed letter dated 31/3/03 received 31/3/03



12)       Total holding following this notification:

30,341,920 shares



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

13.079%



14)       Any additional information:

Not known



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:

1st April 2003






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