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Also I have to add IP Address and Subnet Mask, I haven't got a clue where to start here, this is so confusing.
Thanks for reading.
Welcome to WebmasterWorld. I assume you are going to host this server with an ISP, that would be your first place to get all the information you asked about. Most ISP's will help you setup the box, if not for free then a small charge, that in the long run will be worth it.
Reef... What OS are you installing?