Holding(s) in Company

Morgan Crucible Co PLC
02 November 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:

Standard Life Investments on behalf of Standard Life Group



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:

Vidacos Nominees 8,724,966 shares.



5)            Number of shares/amount of stock acquired:

300,000


6)            Percentage of issued class:

0.103


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:

29/10/04



11)        Date company informed:

Faxed letter dated 1/11/04 received 1/11/04



12)        Total holding following this notification:

8,724,966 shares



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

3.007



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:

2nd November 2004






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