Holding in Company

Future Network PLC
26 July 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     THE FUTURE NETWORK 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

     NOTIFICATION RELATES TO THE SHAREHOLDERS NAMED IN 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     PLEASE SEE SHEET BELOW

5)   Number of shares/amount of stock acquired.

     NOT SPECIFIED

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     NOT SPECIFIED

8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF 1P EACH

10)  Date of transaction

     NOT SPECIFIED

11)  Date company informed

     26 JULY 2001

12)  Total holding following this notification

     18,658,414
               
              
13)  Total percentage holding of issued class following this notification

     12.96%

14)  Any additional information

     THE HOLDINGS ARE HELD ON BEHALF OF A NUMBER OF CLIENTS WHOSE PORTFOLIOS ARE
     MANAGED ON A DISCRETIONARY BASIS BY COMPANIES WITHIN THE DEUTSCHE BANK     
     GROUP ACTING AS FUND MANAGERS.

15)  Name of contact and telephone number for queries

     MR R. DAY - 01225 822764

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

     Date of Notification ....26 JULY 2001......




DOCUMENT DATED 25 JULY 2001


Held as Principal                                                  No of Shares

Deutsche AG Bank London                                                  51,651

Held in Customer Portfolios
Morgan Nominees                                                       7,751,505
Morgan Nominees Account BIPF                                             49,800
Morgan Nominees Account CHY                                             155,080
Morgan Nominees Account CSL                                              31,000
Morgan Nominees Account D131                                            812,419
Morgan Nominees Account ENF                                              97,270
Morgan Nominees Account LAM                                             127,730
Morgan Nominees Account MER                                              18,522
Morgan Nominees Account NG                                               39,477
Morgan Nominees Account PGP                                              27,000
Morgan Nominees Account SAM                                              33,323
Morgan Nominees Account SL                                              439,603
Bank of New York Nominees                                                 2,900
British Overseas Bank A/c 7020                                           27,106
BT Globenet Nominees                                                    296,600
Chase Nominees                                                          494,939
Chase Nominees Account 14186                                             60,690
Deutsche Asset Management Frankfurt                                      71,450
Deutsche Bank International Limited                                      96,563
Lothian Regional Council                                                464,808
MSS Nominees                                                          1,722,244
Nortrust Nominees                                                     2,072,458
Railways Pension Trustee Company Limited                              1,029,745
Royal Bank of Scotland Trust Bank Nominees                            1,652,793
State Street Nominees                                                   977,228
To be Advised                                                             1,510

TOTAL                                                                18,658,414

NOTE: The shares comprised under this notification may, from time to time, be
the subject of a stock lending agreement resulting in a change in registration
but not in DBAG's interest in the shares.