Statement re. share price

Future Network PLC 1 August 2001 1 August 2001 RECENT SHARE PRICE MOVEMENT The Future Network plc ('Future', 'the Company') (LSE: FNET) has noted the recent upward movement in its share price. Future continues to review its alternatives relating to its capital structure, including capital raising from existing or new shareholders, asset sales, and a possible sale of the Company. Future is involved in discussions with a number of parties in relation to potential transactions of this nature. There can be no guarantee that any such discussions will result in concrete proposals. Market conditions remain challenging, as noted in the circular to shareholders dated 14 June 2001, relating to the disposal of Business 2.0.

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Future (FUTR)
UK 100

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