EGM Statement

Future Network PLC 15 October 2001 15 October 2001 The Future Network plc ('Future') Result of Extraordinary General Meeting The Board of Future announces that, at the Extraordinary General Meeting held earlier today, the resolution in relation to the 6 for 5 Rights Issue set out in the prospectus sent to shareholders on 28 September 2001 was duly passed. The Provisional Allotment Letters are expected to be posted today, 15 October. The number of New Ordinary Shares to be issued pursuant to the Rights Issue announced by the Company on 28 September 2001 will be up to 173,418,544 New Ordinary Shares. The increase in the number of New Ordinary Shares being issued under the Rights Issue arises as a result of employee share option exercises prior to the Record Date, and the issue of shares to Mr John Bowman as announced by the Company on 10 October 2001. Admission to the Official List and to trading on the London Stock Exchange of the New Ordinary Shares being issued pursuant to the Rights Issue is expected to commence, nil paid, at 8.00 a.m. tomorrow morning, 16 October. Enquiries: Hogarth Partnership James Longfield / Georgina Briscoe 020 7357 9477

Companies

Future (FUTR)
UK 100

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