Director Shareholding

Vodafone Group PLC
20 November 2001

Vodafone Group Plc ('the Company')

In accordance with Section 329 of the Companies Act 1985, I have to inform you
that today Mr Kenneth John Hydon, a director of the Company, exercised an
option granted to him under the Company's Savings-Related Share Option Scheme
in July 1996 at an option price of 38.6p per share in respect of 17,875
ordinary shares of US$0.10 each. As a result of this transaction Mr Hydon has
an interest, excluding unexercised share options, in 1,244,575 ordinary shares
of US$0.10 each in the Company.

S R Scott
Company Secretary