Notification of Major Interest in Shares

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:

Future Plc

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

NO

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached.

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

YES

Other (please specify):

UPDATED TOTAL VOTING RIGHTS ANNOUNCED 30 MARCH 2012

3. Full name of person(s) subject to thenotification obligation:

ABERFORTH PARTNERS LLP

4. Full name of shareholder(s)  (if different from 3.):

Shareholder1. Aberforth Smaller Companies Trust plc = 40,196,898

2. Aberforth UK Small Companies Fund = 9,456,800

3. Aberforth Geared Income Trust plc = 9,851,550

All shares are registered in the name of Nortrust Nominees Ltd a/c Aberforth

5. Date of the transaction and date onwhich the threshold is crossed orreached:

02/04/12

6. Date on which issuer notified:

03/04/12

7. Threshold(s) that is/are crossed orreached:

18%

8. Notified details:

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights

Direct

Indirect

Direct

Indirect

Ordinary 1p

59,241,848

59,241,848

59,505,248

n/a

59,505,248

n/a

17.99

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/Conversion Period

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

n/a

n/a

n/a

n/a

n/a

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date

Exercise/Conversion period

Number of voting rights instrument refers to

% of voting rights

n/a

n/a

n/a

n/a

n/a

Nominal

Delta

n/a

n/a

Total (A+B+C)

Number of voting rights

Percentage of voting rights

59,505,248

17.99

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:

Held by Aberforth Partners LLP

Proxy Voting:

10. Name of the proxy holder:

n/a

11. Number of voting rights proxy holder will ceaseto hold:

n/a

12. Date on which proxy holder will cease to holdvoting rights:

n/a

13. Additional information:

14. Contact name:

Mark Millar

15. Contact telephone number:

01225 788203