Holding(s) in Company

Morgan Crucible Co PLC
28 June 2002



                                  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:

CGNU plc through its subsidiary, Morley Fund Management Ltd

 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:

BNY Norwich Union Nominees Ltd 3,649,912 shares; Chase GA Group Nominees Ltd
1,807,775 shares; CUIM Nominee Ltd 7,300,727 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:

Letter dated 27/06/02 received 28/06/02

12.Total holding following this notification:

12,758,414

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

5.50%

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:

28th June 2002



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