Holding(s) in Company

Morgan Crucible Co PLC
07 September 2004



                                   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 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:


Deutsche Bank AG London 1,093,851 shares; Morgan Nominees Limited 495,019
shares; Bank of New York Nominees 5,394,960 shares; Chase Nominees 355,918
shares; Deutsche Bank International Limited 63,000 shares; HSBC Global Custody
Nominees (UK) Ltd 209,884 shares; Lothian Regional Council 551,431 shares;
Nortrust Nominees Ltd 1,760,364 shares; State Street Nominees 19,144,091 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:

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 3/9/04



12)  Total holding following this notification:

29,068,518 shares



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

10.01



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:

7th September 2004








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