RNS Number:3588S
Future Internet Technologies PLC
05 March 2007


TR-1:               Notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing       Future Internet Technologies plc
shares to which voting rights are attached:

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

An acquisition or disposal of voting rights                                                       X

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

An event changing the breakdown of voting rights

Other (please specify):___________________________________________

3. Full name of person(s) subject to the notification                   Credit Agricole Cheuvreux
obligation:                                                                 International Ltd

4. Full name of shareholder(s) (if different from 3.):                  Credit Agricole Cheuvreux
                                                                            International Ltd

5. Date of the transaction (and date on which the threshold is                   01/03/07
crossed or reached if different):

6. Date on which issuer notified:                                                05/03/07

7. Threshold(s) that is/are crossed or reached:                   Holding after transaction went through
                                                                         percentage of threshold

8. Notified details:




A: Voting rights attached to shares

Class/type of shares Situation previous to   Resulting situation after the triggering transaction
                     the Triggering
 if possible using   transaction
the ISIN CODE        Number of   Number of   Number of    Number of voting rights   % of voting rights
                     Shares      Voting      shares
                                 Rights      Direct       Direct       Indirect     Direct       Indirect
GB00B1L7NQ30         4,885,000   4,885,000   3,707,500    3,707,500                 7.07 %       N/A


B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial    Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument                           Period/ Date              that may be acquired if    rights
                                                               the instrument is
                                                               exercised/ converted.
        N/A


Total (A+B)
Number of voting rights                            % of voting rights
3,707,500                                          7.07%




9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively
held, if applicable:
SAS Rue La Boetie

Credit Agricole SA

Calyon SA

Credit Agricole Cheuvreux SA         3,707,500          7.07%



Proxy Voting:

10. Name of the proxy holder:                                              N/A

11. Number of voting rights proxy holder will cease to hold:               N/A

12. Date on which proxy holder will cease to hold voting rights:           N/A



13. Additional information:                                                N/A

14. Contact name:                                                      Karen Browne

15. Contact telephone number:                                       +44(0)20 7214 5282




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

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