Dividend Declaration

Vodafone Group Plc
07 August 2006


                                 VODAFONE GROUP PLC

   DECLARATION OF INITIAL B SHARE DIVIDEND AND CANCELLATION OF DEFERRED SHARES


Vodafone Group Plc announces that it has today declared the Initial B Share
Dividend of 15 pence per B Share to those Shareholders who have, or are deemed
to have, elected to receive the Initial B Share Dividend. Payment of the Initial
B Share Dividend will be made as set out in the Circular to Shareholders dated
13 June 2006.


Vodafone Group Plc also announces that, in accordance with rights set out in its
Articles of Association, all outstanding Deferred Shares created as part of the
Return of Capital have today been redeemed and cancelled.


Information relating to such redemption and cancellation, and potential tax
consequences, is detailed in the Circular to Shareholders dated 13 June 2006,
available on the company's website.


All capitalised terms shall have the meaning given to them in the Circular to
Shareholders dated 13 June 2006.


Philip Howie
Deputy Company Secretary


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