RNS Number:3742W
Future Internet Technologies PLC
10 May 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 International
obligation:                                                                        Ltd

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

                                                                  Credit Agricole Asset Management Group

                                                                                Calyon SA
5. Date of the transaction (and date on which the threshold is                   07/05/07
crossed or reached if different):

6. Date on which issuer notified:                                                09/05/07

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

8. Notified details:


A: Voting rights attached to shares
Class/type of      Situation previous to   Resulting situation after the triggering transaction
shares             the Triggering
                   transaction
 if possible using Number of   Number of   Number of     Number of voting rights   % of voting rights
the ISIN CODE      Shares      Voting      shares
                               Rights      Direct        Direct       Indirect     Direct       Indirect
GB00B1L7NQ30       3,149,000   3,149,000   3,139,000     3,139,000                 5.98%


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.



Total (A+B)
Number of voting rights                            % of voting rights
3,139,000                                          5.98%


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                       3,139,000                   5.98%


Proxy Voting:

10. Name of the proxy holder:

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

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


13. Additional information:

14. Contact name:                                                      Karen Browne

15. Contact telephone number:                                         0207 214 5282




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

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