Morgan Advanced Materials Regulatory News (MGAM)

The Morgan Crucible Company plc

Amendment - PDMR Transactions relating to The Morgan Crucible Bonus Deferral Share Matching Plan (the 'Plan')

13th April 2010

1. Deferred Awards granted under the Plan in March and April 2008

Due to an administrative error, the Shares sold to discharge tax in Column 3 in the table below and the net number of Restricted Shares in Column 4 in the table below were incorrectly stated for each participant in an announcement made on 18th March 2010. The correct numbers are now set out below.

As detailed in the previous announcement, on 18th March 2010 the PDMRs and Executive Directors listed below waived certain Deferred Awards that were granted to them on 11th March 2008 and 18th April 2008 respectively. On the same date these persons were granted awards over an equivalent number of restricted Shares, which will attract matching Shares if retained until the original vesting date of the Deferred Awards.

The number of restricted Shares was increased to reflect the notional re-investment of dividends on the waived Deferred Awards.

Each participant sold a portion of their restricted Shares to satisfy the income tax and employee national insurance due under the arrangements.

The number of matching Shares, linked to the Deferred Awards, remained unchanged.

(1) The sale of Shares (to satisfy the tax and employee national insurance contributions falling due and to cover the incidental costs of disposal) took place on the London Stock Exchange on 18th March 2010, at a price of 188p per Share.

2. Shareholdings following the above amendments

As a result of the amendments detailed above, the total shareholdings and total percentage holdings of the executives listed above are as follows:

This notification relates to transactions notified in accordance with DR 3.1.4R (1) (a).

Enquiries: Tracey Bigmore, The Morgan Crucible Company plc

Tel: 01753 837000

Date of notification: 13th April 2010