Acquisition

Future Network PLC 28 April 2003 28 April 2003 THE FUTURE NETWORK PLC Acquisition of computer games magazines in France The Future Network plc ('Future'), the international consumer magazine Group, today announces that following regulatory approval from the competition authorities in France, it has completed the £3.5m acquisition from Hachette Filipacchi Presse S.A. of a subsidiary company ('HDP') which publishes four magazines in France: Official PlayStation 2 Magazine, Joystick, Joypad and DVD Magazine. Commenting on the acquisition, Greg Ingham, Future's Chief Executive, said: 'We are pleased to have received regulatory approval and to have completed the acquisition. We now look forward to publishing the titles, which we have admired as competitors for many years. They are a very welcome addition to our French portfolio.' 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 Notes for Editors On 11 March 2003, The Future Network plc announced the proposed acquisition of computer games magazines in France from Hachette Filipacchi Presse S.A. The proposed acquisition was subject to clearance by the competition authorities in France. HDP was previously owned by Hachette Filipacchi Presse S.A. which, following this transaction, no longer publishes any computer games magazines. The Future Network plc has published its Annual Report for the year ended 31 December 2002. This shows that for 2002, £29.5m of turnover was generated by the group's subsidiaries in France and Italy. The turnover of HDP for the year ended 31 December 2002 was £8.2m. This information is provided by RNS The company news service from the London Stock Exchange

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