Holding(s) in Company

Morgan Crucible Co PLC
20 October 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 677,000 shares; Chase Nominees Limited 983,364
shares; Chase Manhattan Bank 213,800 shares; Nutraco Nominees Ltd A/C GWPPMPS
245,110 shares; HSBC Global Custody Nominee (UK) Ltd 219,125 shares; State
Street Nominees Limited A/C 5H57 890,400 shares; Morgan Nominees Ltd A/C CCC
372,000 shares; Morgan Nominees Ltd 1,179,292 shares; Bank of New York 1,397,000
shares; Morgan Nominees Ltd a/c 8002255 2,265,200 shares; Nortrust Nominees
Limited 5,211,597 shares; Schroder Nominees Limited 7,462,896 shares; Chase
Nominees Limited 4,314,361 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 17/10/03 received 17/10/03



12)        Total holding following this notification:

25,431,145 shares



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

10.96%



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:

20th October 2003








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