Chief Executive

CHIEF EXECUTIVE

It is with much regret that the Board of The Morgan Crucible Company plc
announces that Ian Norris, Chief Executive, has resigned his position on the
grounds of continuing ill health.

Ian, who has been battling with cancer for the past 2 years, has decided to
accept medical advice that his response to treatment will benefit without the
burdens of responsibility that go with the job of Chief Executive.

The search for a new Chief Executive is well advanced.  During the interim,
Nigel Howard, who has been with the Company since 1967 and a director since
1992, has been appointed Acting Chief Executive.

The Company also announces that Bill Macfarlane, currently Director of Market
Development, is appointed to the Board with immediate effect.  Andrew Hosty,
newly appointed Director of Operations and member of the Executive Committee,
assumes full responsibility for the Group's restructuring programme from Nigel
Howard.

The Directors confirm that the seasonal level of order intake has so far been
in line with expectations and the outlook for the rest of the year remains in
line with the Interim Statement.

Dr. Bruce Farmer, Chairman, said:

'Ian, who joined Morgan in 1969, has held many senior positions within the
Group prior to leading the Company on becoming Chief Executive in January
1998.  He has made an enormous contribution to Morgan throughout his career and
we shall miss his enthusiasm, spirit and 'can do' attitude.  We wish him a
speedy and permanent recovery.'

9th October 2002

Enquiries:

Morgan Crucible

Dr Bruce Farmer, Chairman, 01753 837000

Nigel Howard, Acting Chief Executive

Brunswick

Jon Coles   020 7404 5959

Harry Chathli