FNET Future

RNS Number:3288A
Future Network PLC
30 June 2004


                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     THE FUTURE NETWORK PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     UBS GLOBAL ASSET MANAGEMENT LIFE LIMITED &
     UBS GLOBAL ASSET MANAGEMENT HOLDING (NO.2)
     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 SHAREHOLDER 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.

     PHILDREW NOMINEES LIMITED A/C LF09        937,917
     PHILDREW NOMINEES LIMITED A/C LF20     12,579,204


5)   Number of shares/amount of stock acquired.

     NOT SPECIFIED

6)   Percentage of issued Class
     NOT SPECIFIED

7)   Number of shares/amount of stock disposed
      N/A

8)   Percentage of issued Class
      N/A

9)   Class of security

      ORDINARY SHARES OF 1P EACH

10)  Date of transaction

     NOT KNOWN

11)  Date company informed

     29 JUNE 2004

12)  Total holding following this notification

     13,517,121
               
13)  Total percentage holding of issued class following this notification

      4.17%

14)  Any additional information

     CURRENT ISSUED SHARE CAPITAL IS 323,557,781

15)  Name of contact and telephone number for queries

     MARK MILLAR / NINA SPARROW
     01225 442244


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

     Date of Notification .....30 JUNE 2004...................





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END
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