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To: Jeffrey D who wrote (1619)	6/30/1999 2:18:00 AM
From: Jon C	Read Replies (1) of 3519

Latest from London. Dixon's Freeserve loses customers to rival with 'free share' offer Date: 30 Jun 1999 07:04:53 Service: AFX LONDON (AFX) - Dixons Group PLC's Freeserve has lost some 10,000 customers to rival internet provider themutual.net, which promises to give away shares in Freeserve for nothing, the Daily Telegraph reported. Freeserve hopes to float on the stock exchange next month at a price which is likely to value the company's 1.2 mln customer base at around 2 bln stg. "Subscribers and content providers are beating a path to our door and we haven't even launched yet," the report cites themutual.net executive chairman Clive Sinclair-Poulton as saying. But a Freeserve spokesman said Freeserve has been overwhelmed with applications from investors interested in its listing. acb/ln/ Regards Jon C

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