Re Joint Venture

Carphone Warehouse Group PLC 03 April 2006 Monday 3 April 2006 For immediate release The Carphone Warehouse Group PLC ('Company') Launch of Virgin Mobile France The Company has signed a joint venture agreement with Virgin Group Investments Limited ('Virgin') to operate a nationwide MVNO in France. The MVNO will operate under the Virgin Mobile brand, using the Orange network. The Company and Virgin will each own and fund 48.5% of the joint venture, with management owning and funding 3%. The assets and customers of Omer Telecom, the Company's existing MVNO operations in France, will be included within the joint venture. Virgin Mobile will launch today in Paris. The proposition will encompass both pre-pay and subscription services, and will initially be distributed from almost 1,000 points of sale, including all Phone House and Virgin Megastore outlets. As part of its media launch, Virgin Mobile will outline its target to recruit one million customers in the first three years of operation. The likely financial impact of the new business will be disclosed on 11 April 2006, as part of the Company's overall annual guidance to investors and analysts. Geoffroy Roux de Bezieux will become Chairman and Chief Executive of Virgin Mobile France. As a result, he is stepping down from The Carphone Warehouse Group Board and his role as Chief Operating Officer, Distribution, with immediate effect. For Further Information The Carphone Warehouse Group PLC Peregrine Riviere 07909 907 193 This information is provided by RNS The company news service from the London Stock Exchange

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