Holding(s) in Company

Morgan Crucible Co PLC
15 July 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 1,296,385
     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 19,228,663 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 13/7/04 received 13/7/04


12)  Total holding following this notification:

     30,022,257 shares


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

     10.34


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:

     15th July 2004



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