Transaction in Own Shares

Morgan Crucible Co PLC
03 January 2007

Morgan Crucible Company plc - Transactions in Own Shares



Morgan Crucible Company plc (the 'Company') announces that it has commenced a
non-discretionary programme to purchase ordinary shares for cancellation from 3
January 2007 and is scheduled to end on 20 February 2007 when the Company
expects to announce its preliminary results.



The buy back programme will be managed by an independent third party, which
makes its trading decisions independently of, and uninfluenced by, the Company.



Any acquisitions will be effected within certain pre-set parameters, and in
accordance with both the Company's general authority to repurchase shares and
Chapter 12 of the Listing Rules which requires that the maximum price paid be
limited to no more than 5 per cent above the average market value for the shares
as derived from the London Stock Exchange Daily Official List for the five
business days immediately prior to such purchase.



The Company confirms that it currently has no unpublished price sensitive
information.



Enquiries

The Morgan Crucible Company plc                       01753 837 000
Paul Boulton



END




                      This information is provided by RNS
            The company news service from the London Stock Exchange