Holding(s) in Company

Morgan Crucible Co PLC
09 July 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 726,000 shares; Chase Nominees Limited
     1,202,094 shares; Chase Manhattan Bank 213,800 shares; Nutraco Nominees 
     Ltd A/C GWPPMPS 245,110 shares; HSBC Global Custody Nominee (UK) Ltd 
     301,415  shares; State Street Nominees Limited A/C 5H57 942,400 shares; 
     Morgan Nominees Ltd A/C CCC 372,000 shares; Morgan Nominees Ltd 1,364,292 
     shares; Bank of New York 1,397,000 shares; BT Globenet Nominees Ltd A/C 6B 
     2,265,200 shares; Nortrust Nominees Limited 5,788,297 shares; Schroder 
     Nominees Limited 8,552,396 shares; Chase Nominees Limited 3,717,693 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 8/7/03 received 8/7/03
     
12)  Total holding following this notification:

     27,087,697 shares

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

     11.676%
     
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:

     9th July 2003


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