Stmnt re Share Price Movement

Future Network PLC 9 July 2001 9 July 2001 The Future Network plc (LSE: FNET) is aware of the recent material decline in its share price. The Board of Future Network is aware of its continuing obligations to make disclosure of material matters affecting the company. Future Network provided a current trading statement in its circular to shareholders dated 14 June 2001 relating to the proposed disposal of Business 2.0. The Board of Future Network is satisfied that, since the date of that circular, there has been no deterioration in the company's financial condition, the performance of its businesses or in the company's expectation as to its performance. As previously announced, the US Department of Justice review of the Business 2.0 disposal under the Hart Scott Rodino Antitrust Improvements Act of 1976 is ongoing. Future Network will advise investors as soon as that review is resolved. For further information: Future Network plc Greg Ingham, Chief Executive 01225 442244 Hogarth Partnership James Longfield/Georgina Briscoe 020 7357 9477

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Future (FUTR)
UK 100

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