Holding(s) in Company

Morgan Crucible Co PLC
28 June 2006


                                   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:

     Lazard Asset Management LLC 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:

     Non-Beneficial interest.


4)   Name of the registered holder(s) and, if more than one holder,
the number of shares held by each of them:

Lazard Asset Management LLC 2,360,142 shares; Lazard Asset Management Limited
6,494,443 shares; Lazard Asset Management (Deutschland) GmbH 1,488,321 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:

     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:

     27/6/06


12)  Total holding following this notification:

     10,342,906 shares


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

     3.526%


14)  Any additional information

     N/A


15)  Name of contact and telephone number for queries:

     Mr P.A. Boulton, 01753 837308


16)  Name and signature of authorised company official responsible for
     making this notification:

     Mr P.A. Boulton


17)  Date of notification:

     28th June 2006






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