Corporate Action

Future Network PLC
1 October 2001

RIGHTS ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE       *FNET
SEDOL CODE          *723-998
TERMS               *6 New Ordinary Shares for every 5 Existing Ordinary Shares 
                     held at 20p 
DEALINGS COMMENCE NIL PAID *16-10-01
PROVISIONAL EX DATE *16-10-01
RECORD DATE         *10-10-01
SPLITTING NIL PAID  *06-11-01 3:00 p.m.
ACCEPTANCE DATE &   *08-11-01 3:00 p.m.
RENUNCIATION        
NOTES *