Future Publishing Acquires CSL Media Ltd

Future Network PLC 7 April 2000 FUTURE ACQUIRES DEVELOPER OF DIGITAL MARKETING PRODUCTS CSL Media, a leading supplier of electronic marketing materials to the PC and video games industry, has been bought by Future Publishing Ltd. The Future Network plc (LSE: FNET), the specialist consumer magazines and websites publisher, today announces that its UK subsidiary Future Publishing Ltd has acquired CSL Media Ltd, a developer and publisher of digital marketing materials using PC, Sony PlayStation, WAP and WinCE technology. CSL Media Ltd creates digital marketing products such as demonstration disks using PC and Sony PlayStation software for a range of clients including Hasbro, Virgin Interactive and Electronic Arts. CSL holds a pan-European licence from Sony to publish promotional disks on the PlayStation format. CSL is also a licensed developer of WAP products, and will work on mobile information solutions for Future Publishing. Future already offers marketing solutions to the video games industry through its magazines and websites, and the acquisition of CSL will extend its range of offerings into point of sale and demo disk publishing, so providing a complete marketing portfolio. CSL will benefit from Future's strong relationships with software publishers in the UK, France, Holland, Italy and Germany, as well as being able to offer cover disks to Future's licensees in other countries in Europe. CSL's software skills, particularly in user interface development, will also enable Future to make improvements to its extensive range of magazine cover-mounted disks. An area of strength for CSL is the development of integrated media incorporating disk based and on-line elements, which will become increasingly important in the coming years with the next generation of games consoles. 'CSL is an excellent, fast growing business with many synergies with Future. We can help CSL grow its revenues across Europe, while CSL can assist Future with vital software development. Together, we can offer a unique integrated marketing solution to the video games industry.' Said Future Publishing's MD Jane Ingham. CSL's managing director, Simon Richardson, will be joining Future as part of the deal. He commented: 'I'm tremendously excited by the potential synergies between CSL and Future, especially in Europe. ' For further information: Jane Ingham Tel: 01225 442244 Managing Director Future Publishing Ltd Stuart Anderton Tel: 01225 442244 Strategic Development Manager Future Publishing Ltd James Longfield/Harriet Keen Tel: 0171 357 9477 Hogarth Partnership Background on The Future Network: The Future Network was founded in the UK in 1985. Today Future publishes 130 magazines and Internet networks worldwide and has extensive online activities generating over 58 million page views per month. It is the world's fastest growing major publisher; is the leading publisher of video games and home computing magazines in the UK, France, Italy and the US; and, ranks as the fourth largest magazine publisher in the UK. Future employs over 1,400 people in offices in Bath, London, San Francisco, New York, Paris, Milan, Munich and Rotterdam. Future was floated on the London Stock Exchange in June 1999 and has a current market capitalisation of over £1 billion. Future's internet activities (FutureNet) serve the PC, Mac, Games, Music and Football communities in the US and the UK with sites like maximumpc.com, maximumpc.co.uk, macdaily.com, dailyradar.com, samplenet.co.uk, and ufn.co.uk. Future's websites and web networks provides rich, community and information-based services to people in these and related markets worldwide. The network model is simple, but effective: Aggregate content (from Future's own magazines and from other sites which become affiliated into the online networks) and provide services (such as e-commerce, auctions, e-mail and discussion forums) to build high traffic in concentrated areas that will be of great value to marketers.

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