Final Results - Year Ended 31 March 2000, Part 3

Vodafone AirTouch PLC 30 May 2000 PART 3 APPENDIX 1: SUMMARY OF WORLDWIDE CELLULAR AND PCS OPERATIONS Venture Venture Proportionate Percentage customers customer customers Service ownership 31 March growth 31 March Country name 2000 (percent) 2000 (1) (thousands) (thousands) EUROPE, MIDDLE EAST AND AFRICA Belgium Proximus 25.0 2,307 64 576 Egypt Click GSM 60.0 405 314 243 France (2) SFR 20.0 7,910 71 1,582 Germany (2) D2 34.8 11,107 70 3,862 Greece Panafon 55.0 1,773 49 975 Hungary Vodafone 50.1 47 n/a 24 Italy (2) Omnitel 21.6 11,222 60 2,426 Malta Vodafone 80.0 45 88 36 Netherlands Libertel 70.0 2,450 71 1,715 Poland Plus GSM 19.6 1,692 79 332 Portugal Telecel 50.9 1,795 24 913 Romania Connex GSM 20.1 765 112 154 South Africa Vodacom 31.5 3,069 53 967 Spain Airtel 21.7 5,624 113 1,220 Sweden Europolitan 71.1 885 33 629 Uganda Celtel 36.8 23 44 8 Total 51,119 68 15,662 Percentage Proportion Market Market Service ownership prepay penetration population Country name (1) (percent) (percent) (millions) EUROPE, MIDDLE EAST AND AFRICA Belgium Proximus 25.0 32 36 10.2 Egypt Click GSM 60.0 87 2 67.3 France (2) SFR 20.0 37 39 59.0 Germany (2) D2 34.8 32 33 82.1 Greece Panafon 55.0 62 40 10.7 Hungary Vodafone 50.1 70 16 10.2 Italy (2) Omnitel 21.6 87 58 56.7 Malta Vodafone 80.0 58 12 0.3 Netherlands Libertel 70.0 66 49 15.8 Poland Plus GSM 19.6 26 11 38.6 Portugal Telecel 50.9 72 52 9.9 Romania Connex GSM 20.1 33 7 22.3 South Africa Vodacom 31.5 68 11 43.4 Spain Airtel 21.7 59 45 39.2 Sweden Europolitan 71.1 19 61 8.9 Uganda Celtel 36.8 87 0.3 22.8 Total 54 497.4 Venture Venture Proportionate Percentage customers customer customers Service 31 March growth 31 March Country name ownership 2000 (percent) 2000 (1) (thousands) (thousands) UNITED KINGDOM UK (3) Vodafone 100.0 8,791 58 8,791 Percentage Proportion Market Market prepay penetration population Country Service ownership (percent) (percent) (millions) name (1) UNITED KINGDOM UK (3) Vodafone 100.0 58 46 59.1 Venture Venture Proportionate Percentage customers customer Service 31 March growth customers Country name ownership 2000 (percent) 31 March (1) (thousands) 2000 (thousands) UNITED STATES AND ASIA PACIFIC US (4) AirTouch Cellular Various 10,082 21 9,354 CMT 46.9 936 (3) 440 PrimeCo 49.8 1,526 43 759 Australia Vodafone 91.0 1,440 48 1,310 Fiji Vodafone 49.0 24 200 12 India RPG Cellular 20.6 - 45 15 13 49.0 Japan J-Phone 20.2 - 8,107 31 1,907 (5) 28.8 New Zealand Vodafone 100.0 473 161 473 South Korea Shinsegi 11.7 3,579 40 418 Total 26,212 30 14,686 Percentage Proportion Market Market prepay penetration population Country Service ownership (percent) (percent) (millions) name (1) UNITED STATES AND ASIA PACIFIC US (4) AirTouch Cellular Various 10 32 99.8 CMT 46.9 1 PrimeCo 49.8 52 Australia Vodafone 91.0 21 42 18.8 Fiji Vodafone 49.0 67 3 0.8 India RPG Cellular 20.6 - - 0.2 79.4 49.0 Japan J-Phone 20.2 - 1 40 126.2 (5) 28.8 New Zealand Vodafone 100.0 67 39 3.7 South Korea Shinsegi 11.7 - 55 46.9 Total 10 375.6 Venture Venture Proportionate Percentage customers customer Service 31 March growth customers Country name ownership 2000 (percent) 31 March (1) (thousands) 2000 (thousands) GROUP TOTAL 86,122 53 39,139 Percentage Proportion Market Market prepay penetration population Country Service ownership (percent) (percent) (millions) name (1) GROUP TOTAL 41 932.1 (1) All ownership percentages are stated as of 31 March 2000, and exclude options, warrants or other rights of Vodafone AirTouch to increase ownership. Ownership interests have been rounded to the nearest tenth of one percent. (2) Following EC approval of the acquisition on 12 April 2000, a proportion of the Group's ownership interests in these ventures is now held through Mannesmann AG. The Group owns 98.62% of Mannesmann AG, based on valid acceptances from its shareholders, and this has increased the Group's percentage ownerships in Mannesmann Mobilfunk (Germany) to 99.1% and in Omnitel (Italy) to 76.0%. Proportionate customers for the EMEA region have increased to over 28.9 million following these changes, based on venture customers at 31 March 2000. (3) The Group's interest in Orange, held through Mannesmann AG, has been excluded on the basis that it will be divested. (4) Verizon Wireless was created under an agreement completed on 3 April 2000, resulting in the combination of Vodafone AirTouch's and Bell Atlantic's US cellular, PCS and paging assets. After the close of the Bell Atlantic/GTE Corporation merger, and the contribution of GTE's US wireless assets, Bell Atlantic/GTE will own 55% of Verizon Wireless and Vodafone AirTouch will own 45%. (5) Following a restructuring in May 2000, the Group's percentage ownership in each of Japan's nine regional wireless telecommunications companies, which varies according to region, has remained broadly unchanged and ranges between 23% and 27%. APPENDIX 2: FURTHER INFORMATION FOR SUBSIDIARY NETWORK OPERATORS Churn ARPU Country Service name % (local currency) EUROPE, MIDDLE EAST AND AFRICA Egypt (3) Click GSM 0.1 2,067 EGP Germany (1) D2 14.8 1,092 DEM Greece Panafon * * GRD Hungary Vodafone 0.3 105,018 HUF Italy (1) Omnitel 13.1 734,824 ITL Malta Vodafone 40.5 479 MTL Netherlands Libertel * * NLG Portugal (3) Telecel * * PTE Sweden (3) Europolitan * 5,748 SEK UNITED KINGDOM UK (2) Vodafone 29.8 305 GBP UNITED STATES AND ASIA PACIFIC US (3) AirTouch 29.2 472 USD Cellular Australia Vodafone 32.8 731 AUD New Zealand Vodafone 19.5 1,047 NZD (1) Following EC approval of the acquisition of Mannesmann AG on 12 April 2000, Mannesmann Mobilfunk (D2) and Omnitel became subsidiaries of the Group. (2) The Group's interest in Orange, held through Mannesmann AG, has been excluded on the basis that it will be divested. (3) Click GSM, Telecel, Europolitan and AirTouch Cellular became subsidiaries on 30 June 1999 as a result of the merger with AirTouch Communications, Inc. (4) * Listed subsidiaries still to report.
UK 100