Holding(s) in Company

Future Network PLC
24 September 2003


                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY
     THE FUTURE NETWORK PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
     UBS GLOBAL ASSET MANAGEMENT LIFE LIMITED


3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18
     NOTIFICATION RELATES TO SHAREHOLDER IN 2 ABOVE.


4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.
     PHILDREW NOMINEES LIMITED A/C LF01       1,500
     PHILDREW NOMINEES LIMITED A/C LF09     887,917
     PHILDREW NOMINEES LIMITED A/C LF20   8,919,334 


5)   Number of shares/amount of stock acquired.
     NOT SPECIFIED


6)   Percentage of issued Class
     NOT SPECIFIED

7)   Number of shares/amount of stock disposed
     N/A

8)   Percentage of issued Class
     N/A

9)   Class of security
     ORDINARY SHARES OF 1P EACH


10)  Date of transaction
     NOT KNOWN


11)  Date company informed
     23 SEPTEMBER 2003


12)  Total holding following this notification
     9,808,751

               
13)  Total percentage holding of issued class following this notification
     3.04%


14)  Any additional information



15)  Name of contact and telephone number for queries
     MARK MILLAR/NINA SPARROW 01225 442244


16)  Name and signature of authorised company official responsible for 
     making this notification
     MARK MILLAR
     
     Date of Notification
     24 SEPTEMBER 2003


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