Holding(s) in Company

Future Network PLC
1 November 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     THE FUTURE NETWORK PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     MORGAN STANLEY SECURITIES 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 THE SHAREHOLDER NAMED 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.

     N/A

5)   Number of shares/amount of stock acquired.

     NOT SPECIFIED

6)   (% NOT SPECIFIED) of issued Class

7)   Number of shares/amount of stock disposed

     NOT SPECIFIED

8)   (% NOT SPECIFIED) of issued Class

9)   Class of security

     ORDINARY SHARES OF 1P EACH

10)  Date of transaction

     30 OCTOBER 2002

11)  Date company informed

     31 OCTOBER 2002

12)  Total holding following this notification

     12,376,432
               
13)  Total percentage holding of issued class following this notification

     3.85%

14)  Any additional information



15)  Name of contact and telephone number for queries

     MARK MILLAR, COMPANY SECRETARY       
     OR
     NINA SPARROW, LEGAL PROJECTS CO-ORDINATOR

     TEL:  [phone]


16)  Name and signature of authorised company official responsible for 
     making this notification

MARK MILLAR, COMPANY SECRETARY

     Date of Notification ......1 NOVEMBER 2002..................



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