Final tranche payment

Vodafone Group PLC
27 September 2001



27 September 2001


   VODAFONE SETTLES FINAL TRANCHE OF 25% STAKE IN SWISSCOM MOBILE FOR CASH

Vodafone Group Plc ('Vodafone') announces today that it has satisfied its
obligation to Swisscom AG ('Swisscom') to pay the second and final tranche of
the consideration due in connection with its acquisition of a 25% stake in
Swisscom Mobile with a cash payment of approximately CHF 2.3 billion (£985
million).  The agreement allowed Vodafone to choose to settle by either shares
or cash.

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For further information:

Tim Brown, Group Corporate Affairs Director
Melissa Stimpson, Head of Group Investor Relations
Darren Jones, Senior Investor Relations Manager
Jon Earl, Investor Relations Manager

Tel:  [phone]


Lulu Bridges/John West
Tavistock Communications

Tel:  [phone]