Launch of Business Magazine - Amendment

Future Network PLC 15 December 1999 The issuer has made the following amendment to the Future Network PLC 'Re Launch of Business Magazine' announcement released at 07:02 today under RNS No 5297c. The second headline in the text should read 'Bi-Weekly' and not 'Bi-Monthly' as originally shown. All other details are unchanged. The full amended text is shown below. FUTURE TO LAUNCH BUSINESS 2.0 IN THE UK, GERMANY AND FRANCE US EDITION TO BECOME BI-WEEKLY IN MAY 2000 The Future Network plc ('Future' LSE: FNET) the video games, home computing and other specialist consumer magazines and online publisher, today announces its plans to launch its highly successful US Internet business magazine, Business 2.0, in the UK in April 2000 and in Germany and France later in the year. Future also announces that in response to reader demand, the US magazine is moving from a monthly to a bi-weekly format with effect from May 2000. Business 2.0 is an award winning, international monthly publication from Imagine Media Inc, Future's US business. It has experienced unprecedented growth since its launch in the US in August 1998. Current circulation is 210,000, an increase of more than 30% since July this year, and the December issue, which is the biggest yet at 336 pages, recorded a 300% increase in advertising pages over the previous year. Within its first year, Business 2.0 has won seven top magazine awards. Commenting on the launch plans, Greg Ingham, Chief Executive of Future said: 'Business 2.0 has been a phenomenal success in the US and has tapped into strong demand from business leaders for information on how the rules of business are changing in the Internet age. With the explosion of interest in the Internet in the UK and Europe we believe the time is right to unveil our plans for this magazine in these territories. We are in the process of building the teams that will produce the magazines in the UK, Germany and France and will announce more detailed plans in the New Year. However, the spectacular success of the magazine in the US provides an excellent platform and model for us to follow in Europe.' Business 2.0 is written for leaders in the business and financial community who are shaping the way companies will function and compete effectively in the Internet Age. Each month, Business 2.0 provides these individuals with in-depth analysis of the impact of the Internet on business and culture and offers ideas and information needed to succeed in this fast changing environment. For further information: Greg Ingham, Chief executive Future Network Tel: 01225 442244 John Weir, Publishing Director, Business and Internet Future Publishing Tel: 01225 442244 James Longfield/Harriet Keen Hogarth Partnership Tel: 0171 357 9477 Background on the Future Network: The Future Network was founded in the UK in 1985. Since this time it has become the leading publisher of video games and home computing magazines in the UK, France, Italy and the US. Headquartered in Bath, England, Future is the fourth largest publisher in the UK. It employs over 1,400 people in offices in Bath, London, San Francisco, New York, Paris, Milan and Munich. Future publishes 112 magazines worldwide and has extensive online activities generating over 50 million page views per month. Future was floated on the London Stock Exchange in June 1999 and has a current market capitalisation of over £1 billion.

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