FNET Future

RNS Number:8234E
Future Network PLC
3 November 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 AG

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.

UBS GLOBAL ASSET MANAGEMENT LIFE LTD                    13,230,906

5)   Number of shares/amount of stock acquired.

N/A

6)   Percentage of issued Class

N/A

7)   Number of shares/amount of stock disposed

NOT SPECIFIED

8)   Percentage of issued Class

NOT SPECIFIED

9)   Class of security

ORDINARY SHARES OF 1P EACH

10)  Date of transaction

NOT KNOWN

11)  Date company informed

3 NOVEMBER 2004

12)  Total holding following this notification

13,230,906
               
13)  Total percentage holding of issued class following this notification

4.08%

14)  Any additional information

CURRENT ISSUED SHARE CAPITAL IS 324,479,464

15)  Name of contact and telephone number for queries

JOHN BOWMAN/NINA SPARROW
01225 442244

16)  Name and signature of authorised company official responsible for 
     making this notification       JOHN BOWMAN, GROUP FINANCE DIRECTOR

     Date of Notification ..3 NOVEMBER 2004......................



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

END

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