RNS Number:3292S
Future Network PLC
21 November 2003

21 November 2003

                             THE FUTURE NETWORK PLC

            Completion of Acquisition of Computec Media (UK) Limited

The Future Network plc ("Future"), the international magazine Group, today
announces that it has completed the acquisition of Computec Media UK Limited ("
CMUK").  Future announced conditional agreement on 22 October 2003

The transaction was conditional upon Future being satisfied with the audited
financial statements of CMUK for the financial year ended 30 September 2003 and
upon Future receiving certain bank guarantees.  These conditions have been met
and the cash consideration of #3.2m has been paid.


Enquiries:

The Future Network plc
Greg Ingham, Chief Executive                             Tel: 01225 442244
John Bowman, Finance Director                            Tel: 01225 732281

Hogarth Partnership
James Longfield/Georgina Briscoe                         Tel: 020 7357 9477



About The Future Network plc

The Future Network plc was founded in the UK in 1985.  Today, it publishes over
90 specialist consumer magazines worldwide, is the world's leading publisher of
games magazines and is the fifth largest magazine publisher in the UK.

CMUK publishes an unofficial PlayStation magazine, PSW, which was launched in
2000 and had an average monthly circulation of 53,349 copies for the six months
to June 2003 (source: ABC circulation figures), sales of which have exceeded
this level since June 2003.  CMUK also publishes an unofficial Xbox magazine,
Xbox World, which was launched in February 2003 and now has sales of more than
25,000 copies a month.

Future employs around 1,000 people in offices in the UK, US, France and Italy.
Nearly 100 international editions of Future's magazines are also published in 28
other countries across the world. The company is listed on the London Stock
Exchange (symbol: FNET).


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