Put Option

Vodafone Group Plc
08 August 2007


8 August 2007

                                   PUT OPTION
                                       
Vodafone announces that it has decided not to exercise its rights under its
agreement with Verizon Communications Inc. ('Verizon') to sell to Verizon up to
US$10 billion of Vodafone's interest in Verizon Wireless ('VZW'). This was the
final such option available to Vodafone.

VZW is a market leading business with strong growth prospects and the Board of
Vodafone continues to believe that retaining its full 45% interest is in the
best interests of shareholders.

                                     -ends-

For further information:

Vodafone Group
Investor Relations                                     Media Relations
Tel: [phone]                               Tel: [phone]




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