Launch of Eurobond Issue

VODAFONE AIRTOUCH PLC
14 October 1999



VODAFONE AIRTOUCH LAUNCHES EURO 1.5 BILLION EUROBOND

Vodafone AirTouch Plc announces today the launch of a
Euro 1.5 billion Eurobond issue with a maturity of seven
years.  Barclays Capital and Deutsche Bank are the joint
lead managers for the issue.  The funds will be used for
general corporate purposes including the repayment of
short term borrowings.

The bonds will have a spread in the area of 65 basis
points over the 6.25% April 2006 Bund and represent the
company's first issue under its Euro 5 billion Euro
Medium Term Note Programme which is rated A/A2 by
Standard & Poor's and Moody's respectively.

NOT FOR DISTRIBUTION IN THE UNITED STATES AND CANADA
                            
                            
For further information contact:

Tim Brown, Investor Relations Director, or
Melissa Stimpson, Senior Investor Relations Manager
at Vodafone AirTouch Plc
Telephone [phone]

Geert Vinken
at Barclays Capital
Telephone: [phone]

Miles Millard
at Deutsche Bank (London)
Telephone: [phone]

Ralph Berlowitz
at Deutsche Bank (Frankfurt)
Telephone: [phone]

Lulu Bridges
Tavistock Communications
Telephone: [phone]