Trading Statement

Future Network PLC 05 December 2002 Thursday 5 December 2002 THE FUTURE NETWORK PLC TRADING UPDATE The Future Network plc (LSE: FNET), the international consumer magazine Group, today announces that trading in the four months to 31 October 2002 has continued the progress reported for the first half-year. Accordingly, the Group now anticipates that operating profitability for the year 2002 (as measured by EBITA) will be comfortably ahead of current consensus market expectations. As announced on 4 September, the first half-year to 30 June 2002 was a period of important progress for Future. Group turnover from continuing activities for the six months to June increased by 14% over the corresponding figure for the previous half-year. This progress has continued into the second half, with Group turnover from continuing activities for the four months to end-October increasing by 18% over the corresponding period last year. The Group's performance in this period reflects strongly profitable trading in the US and continuing growth in the UK. Overall circulation performance of the Group's magazines has continued to show good growth, especially for computer games titles. Advertising income across the Group for 2002 is expected to be flat year-on-year. The fourth quarter is traditionally the strongest quarter for Future. Accordingly, the results for the year 2002 as a whole will depend to a significant extent on circulation revenues for November and December, which are not yet known. The Company's results for the year 2002 are expected to be announced on 11 March 2003. 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 This information is provided by RNS The company news service from the London Stock Exchange

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Future (FUTR)
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