FITZWILTON has confirmed that it has exercised its option to purchase Morgan Stanley's remaining shareholding in Shuttleway. This, in effect, gives Fitzwilton a further 26.5 million Waterford Wedgwood shares, at a cost of £23 million, or 86.8p per share. Fitzwilton now has voting control over 19.94 per cent of Waterford Wedgwood. The O'Reilly/Goulandris families control a further 7.39 per cent.