Statement re Share Options

Future Network PLC 23 April 2003 23 April 2003 THE FUTURE NETWORK PLC Notification of Directors' Interests in Share Options The Future Network plc ('the Company') today announces that, on 22 April 2003, it received notification from each of the undernoted executive Directors that they became beneficially interested in the following shares as a result of the grant by the Company on 18 April 2003 of share options at an exercise price of 52.5p per share: 400,000 to Greg Ingham, Chief Executive; 400,000 to Colin Morrison, Chief Operating Officer; and 350,000 to John Bowman, Group Finance Director. The Company also granted on 18 April 2003 share options to a number of staff over a total of 4,000,000 shares in the capital of the Company at an exercise price of 52.5p per share. All of the share options granted by the Company on 18 April 2003 relate to ordinary shares of 1p each in the capital of the Company and are subject to performance criteria which provide that options vest if the growth in the Company's total shareholder return over a three-year period relative to a comparator group of companies, described as companies whose shares are listed in the Media and Entertainment Sector of the London Share Service of the Financial Times newspaper, reaches the following targets: (i) if the Company ranks above the 75th percentile of the comparator group the options will vest in full. (ii) if the Company ranks above the 50th percentile of the comparator group one half of the options will vest. (iii) if the Company ranks below the 50th percentile of the comparator group the options do not vest. Enquiries: The Future Network plc Greg Ingham, Chief Executive Tel: 01225 442244 John Bowman, Finance Director Hogarth Partnership James Longfield/Georgina Briscoe Tel: 020 7357 9477 This information is provided by RNS The company news service from the London Stock Exchange

Companies

Future (FUTR)
UK 100

Latest directors dealings