Holding(s) in Company

Morgan Crucible Co PLC
17 September 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 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:



Deutsche Bank AG London 1,076,031 shares; Morgan Nominees Limited 495,019
shares; Bank of New York Nominees 5,359,997 shares; Chase Nominees 492,258
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 1,829,644 shares; State Street Nominees 19,008,031 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:

Faxed letter dated 16th September 2004



12)        Total holding following this notification:

29,085,295 shares



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

10.02





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:

17th September 2004








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