Future : Cancellation of Share Premium Account

Future plc ('Future' or the 'Company')

Cancellation of Share Premium Account

The Board of Future announces that, on 10 July 2018, the High Court of Justice confirmed the cancellation of the amount standing to the credit of the share premium account of the Company. The Court Order approving the cancellation was registered with the Registrar of Companies on 10 July 2018 and therefore became effective on that date. This follows the approval of the cancellation of the Company's share premium account by special resolution at the general meeting of the Company held on 14 June 2018.

Future is a global platform business for specialist media with diversified revenue streams.

The Media division is high-growth with three complementary revenue streams: eCommerce, events and digital advertising. It operates in a number of sectors including technology, games, music and home interest markets and has a number of leading brands including TechRadar, PC Gamer, GamesRadar+, The Photography Show, Homebuilding & Renovating Show, Generate, MusicRadar and the Golden Joysticks.

The Magazine division focuses on publishing specialist content, with 86 publications and over 440 bookazines published per year, totalling global circulation of over one million. The Magazine portfolio spans technology, games and entertainment, music, creative and photography, field sports, knowledge, home interest, sport and outdoor leisure. Its market-leading titles include Classic Rock, Total Film, How It Works, Digital Camera, Homebuilding & Renovating and All About History.