Closing Of Sale

Vodafone Group PLC
17 April 2001


17 April 2001



                     CLOSING OF SALE OF ATECS MANNESMANN

Vodafone Group Plc ('Vodafone') announces that, following approval from the
relevant European Union and US regulatory authorities, its subsidiary
Mannesmann AG ('Mannesmann') has completed the disposal to Siemens AG ('
Siemens') of a 50% plus 2 shares stake in the Atecs Mannesmann engineering and
automotive businesses.

In respect of the remaining stake in Atecs Mannesmann a payment of between EUR
3.657 billion and EUR 3.807 billion is to be made upon the exercise of certain
options by Mannesmann or Siemens, which can be exercised by 31 December 2003.

                                   - ends -


For further information:

Tim Brown, Group Corporate Affairs Director
Melissa Stimpson, Head of Group Investor Relations
Jon Earl, Investor Relations Manager
Darren Jones, Investor Relations Manager
Tel:  [phone]

Lulu Bridges
Tavistock Communications
Tel:  [phone]