Positive Start for live!

Vodafone Group Plc 07 January 2003 7 January 2003 VODAFONE ANNOUNCES POSITIVE START FOR LIVE! Vodafone Group Plc ('Vodafone') announces today that it has registered over 380,000 customers with Vodafone live! enabled handsets in the period from launch at the end of October 2002 to 31 December 2002. This total includes over 150,000 in Germany, over 90,000 in the United Kingdom and over 60,000 in Italy. Vodafone also announces that there is no change to the outlook statement provided in its Interim Results announcement on 12 November 2002. Commenting at the Salomon Smith Barney conference today in California, United States, Sir Christopher Gent, Chief Executive, said: 'In the first two months of Vodafone live!, we have achieved over 380,000 customers across eight markets and are on track to achieve our target of a million sales to customers by the end of March. 'In addition, having progressed two months further since the half year, but before we have seen December's results, we have seen nothing in any of the key performance indicators that would cause us to lower our expectations for this financial year. For next year, we therefore see no reason to alter our outlook statement at this stage.' - ends - For further information: Vodafone Group Tim Brown, Group Corporate Affairs Director Melissa Stimpson, Director of Group Investor Relations Bobby Leach, Head of Group Financial Media Relations Darren Jones, Senior Investor Relations Manager Tel: +44 (0) 1635 673310 Tavistock Communications Lulu Bridges / John West Tel: +44 (0) 20 7600 2288 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This press release contains 'forward-looking statements' within the meaning of the US Private Securities Litigation Reform Act of 1995 with respect to Vodafone's businesses and certain of Vodafone's plans and objectives. In particular, forward-looking statements include statements with respect to Vodafone's expectations as to sales of Vodafone live! handsets and its expectations with respect to its key performance indicators for the future. Forward-looking statements are sometimes, but not always, identified by their use of a date in the future or such words as 'anticipates', 'aims', 'due', 'could', 'may', 'should', 'expects', 'believes', 'intends', 'plans', 'targets', 'goal' or 'estimates'. By their nature, forward-looking statements are inherently predictive, speculative and involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including changes in economic or political conditions in markets served by operations of Vodafone that would adversely affect the level of demand for mobile services; greater than anticipated competitive activity requiring reduced pricing and/or new product offerings or resulting in higher costs of acquiring new customers, or slower customer growth or reduced customer retention; the impact on capital spending from investment in network capacity and the deployment of new technologies, or the rapid obsolescence of existing technology; the possibility that technologies, including mobile internet platforms, and services, including 3G services, Vodafone live! and Vodafone Mobile Office, will not perform according to expectations or that vendors' performance will not meet Vodafone's requirements; the ability of Vodafone to secure the timely delivery of high-quality, reliable mobile handsets; and greater than anticipated prices of new mobile handsets. Furthermore, a review of the reasons why actual results and developments may differ materially from the expectations disclosed or implied within forward-looking statements can be found under 'Risk Factors' on pages 29 and 30 of Vodafone's Annual Report & Accounts and Form 20-F for the year ended 31 March 2002. This information is provided by RNS The company news service from the London Stock Exchange
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