RNS Number:0190O
Morgan Crucible Co PLC
28 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:

AXA S.A.





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:

HSBC Global Custody Nominee (UK) Ltd A/C 845315 2,565 shares; HSBC Global
Custody Nominee (UK) Ltd A/C 845017 1,200,000 shares; HSBC Global Custody
Nominee (UK) Ltd A/C 777086 8,256 shares; HSBC Global Custody Nominee (UK) Ltd A
/C 777094 4,599 shares; HSBC Global Custody Nominee (UK) Ltd A/C 777167 8,743
shares; HSBC Global Custody Nominee (UK) Ltd A/C 785078 1,344 shares; HSBC
Global Custody Nominee (UK) Ltd A/C 873426 2,343 shares; HSBC Global Custody
Nominee (UK) Ltd A/C 867815 137,011 shares; HSBC Global Custody Nominee (UK) Ltd
A/C 867396 1,687,683 shares; HSBC Global Custody Nominee (UK) Ltd A/C 867530
846,575 shares; HSBC Global Custody Nominee (UK) Ltd A/C 867372 5,153,862
shares; HSBC Global Custody Nominee (UK) Ltd A/C 867268 601,717 shares; BNY
(OCS) Nominees Ltd 36,096 shares; Sun Life International (IOM) Ltd A/C SLI 11
1,500 shares; Chase Nominees Ltd A/C BTO1C 801,188 shares; Chase Nominees Ltd A/
C 00994 189,562 shares; Other Accounts 5,533,346 shares; HSBC Global Custody
Nominee (UK) Ltd A/C 844359 2,523,138 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 25/7/03 received 25/7/03



12)        Total holding following this notification:

9,473,896 non-material; 9,265,632 material



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

4.08% non-material; 3.99% material



14)        Any additional information:

N/A



15)        Name of contact and telephone number for queries:

Mr D.J. Coker, Company Secretary tel. 01753 837222



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

Mr D.J. Coker



17)        Date of notification:

28th July 2003








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