Holding(s) in Company

Morgan Crucible Co PLC
06 August 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 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:

     Morgan Nominees Limited 495,019 shares; Deutsche Bank AG London
     3,080,117 shares; Bank of New York Nominees 5,415,610 shares; Chase 
     Nominees 1,001,901 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 19,206,717 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:

     Not known


8)   Percentage of issued class:

     Not known


9)   Class of Security:

     Ordinary shares of 25p


10)  Date of Transaction:

     Not known


11)  Date company informed:

     Faxed letter dated 5/8/04 received 6/8/04


12)  Total holding following this notification:

     31,784,043 shares


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

     10.95



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:

     6th August 2004








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