The two-dimensional (2D) random-bond Ising model has a novel multicrit
ical point on the ferromagnetic to paramagnetic phase boundary. This r
andom phase transition is one of the simplest examples of a 2D critica
l point occurring at both finite temperatures and disorder strength. W
e study the associated critical properties, by mapping the random 2D I
sing model onto a network model. The model closely resembles network m
odels of quantum Hall plateau transitions, but has different symmetrie
s. Numerical transfer matrix calculations enable us to obtain estimate
s for the critical exponents at the random Ising phase transition. The
values are consistent with recent estimates obtained from high-temper
ature series.