Trading Statement

Future Network PLC 28 November 2003 28 November 2003 THE FUTURE NETWORK PLC Trading Update The Future Network plc, the international magazine Group, today issues the following trading update. Trading in the four months to 31 October 2003 has continued the trends evident in the results for the first half-year to 30 June and overall, the Group's magazine portfolio continues to show progress. Accordingly, the Board remains confident that the Group's profits for the year 2003 will be in line with current consensus market expectations. Revenues for the first ten months of 2003 include the impact of the magazines acquired from Hachette in France on 28 April 2003; and one month's revenues of the recently acquired Guitar World title in the US. For the first ten months of 2003, total Group revenue increased by 12% compared with the same period last year. Circulation revenue (which for calendar year 2002 accounted for 68% of Group revenues) grew by 14% compared with the same period last year. Advertising revenue rose by 9%. Revenue performance by sector for the first ten months shows year-on-year growth of 18% for games, 6% for computing, and 10% for entertainment magazine titles. Future's UK business is trading satisfactorily. Future's US business has continued to experience very good year-on-year growth. Integration of the recently acquired Guitar World and Guitar One magazines in the US is on track. The Group expects current trading patterns to continue for the remainder of 2003. The Company's results for the year 2003 are to be announced on 10 March 2004. Company Visit On 5 December 2003 Future will be holding a company visit to its UK operations in Bath. The purpose of the visit is to provide analysts with an opportunity to enhance their understanding of Future and to meet additional members of the UK and US management team. No new financial information will be disclosed. Copies of any presentations used during the visit will be made available on the company's website at the conclusion of the visit. 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 About The Future Network plc The Future Network plc was founded in the UK in 1985. Today, it publishes over 90 specialist consumer magazines worldwide, is the world's leading publisher of games magazines and is the fifth largest magazine publisher in the UK. Future employs around 1,000 people in offices in the UK, US, France and Italy. Nearly 100 international editions of Future's magazines are also published in 30 other countries across the world. The company is listed on the London Stock Exchange (symbol: FNET). Future announced on 16 September 2003 its financial results for the half-year to 30 June 2003. Future reported an adjusted operating profit of £6.5m on turnover of £80.6m; and net cash at 30 June 2003 of £17.3m. This information is provided by RNS The company news service from the London Stock Exchange BEFBB

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