Holding(s) in Company

Future Network PLC
26 February 2002

                         THE FUTURE NETWORK plc

                Notification of Substantial Interest in Shares

The Future Network plc (LSE: FNET) announced, on 22 January 2002, that it had 
received notification that JP Morgan Securities Limited held a notifiable 
interest in 34,218,334 ordinary shares of The Future Network plc. On the basis 
of the issued share capital of The Future Network plc of 318,991,220 ordinary 
shares at that date, this interest represented 10.73% of such relevant share 
capital.

The Future Network plc received notification, on 26 February 2002, from JP 
Morgan Securities Limited (on behalf of JP Morgan Chase & Co and/or one or more 
of its subsidiaries) advising that, as at 22 February 2002, it had ceased to 
hold a notifiable interest in the relevant share capital of The Future Network 
plc for the purposes of Part VI of the Companies Act 1985.


For more information:

Rob Day, Company Secretary               0207 533 2988
John Bowman, Group Finance Director      01225 442244
The Future Network plc



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