FNET Future

RNS Number:7896C
Future Network PLC
22 October 2002









22 October 2002



                             THE FUTURE NETWORK PLC



                 Notification of Directors' Interests in Shares



The Future Network plc, the international specialist consumer magazine
publisher, announces that it received notification on 22 October 2002 that Greg
Ingham, Chief Executive, has today exercised an option to acquire 317,826
existing shares in the capital of the Company at a nil consideration.  This
results in 317,826 shares being transferred to Mr Ingham from an escrow agent
appointed by certain institutional investors in June 1999 pursuant to the terms
of a Purchase Option Deed.



Details of this Purchase Option Deed are summarised on pages 57 and 58 of the
Company's Annual Report 2001 and, following this exercise, there are no other
shares remaining to be exercised under the terms of the Deed.



The exercise triggers an immediate liability on Mr Ingham in respect of income
tax.  Mr Ingham's wife, Jane Ingham, has today sold 367,000 shares in the
Capital of the Company at a price of 50 pence per 1p ordinary share.



Following these transactions, Greg Ingham is the beneficial holder of 3,327,627
shares and Jane Ingham, his spouse, is the beneficial holder of the balance
1,024,644 shares.  Greg Ingham's holding in the Company is therefore deemed to
be 4,352,271 shares, representing 1.36% of the Company's issued share capital.





Enquiries:


The Future Network plc                               Tel: 01225 442244


John Bowman, Finance Director

Mark Millar, Company Secretary


Hogarth Partnership                                  Tel: 020 7357 9477

James Longfield/Georgina Briscoe




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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