Re: Libertel Announcement

Vodafone Group Plc
07 February 2003


7 February 2003

For Immediate Release - Not for release or distribution in the United States of
America, Canada or Japan

                   VODAFONE RESPONSE TO LIBERTEL ANNOUNCEMENT

Vodafone Group Plc ('Vodafone') notes the announcement made by the Boards of
Vodafone Libertel N.V. ('Libertel') earlier today that they would be unable to
recommend a public offer at an offer price of EUR 11.00 per Libertel share, but
that they would be prepared to facilitate such a public offer being made to the
Libertel shareholders.  Vodafone is considering whether to withdraw its proposed
offer or to proceed with an offer at EUR 11.00 per Libertel share and will make
a further announcement in the next few days.

For further information contact:

Vodafone Group Plc
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:  [phone]

Goldman Sachs International
Simon Dingemans
Tel:  [phone]

Tavistock Communications
Lulu Bridges/Justin Griffiths
Tel:  [phone]

Notes for editors:

       Vodafone's current shareholding in Libertel is as follows:

Target           Vodafone      Minority        Total      Vodafone     Minority
                Shares (m)    Shares (m)   Shares (m)      Holding     Interest

Libertel:           242.4           70.1       312.5         77.6%        22.4%

The offer, if any, will not be made, directly or indirectly, in or into the
United States of America, Canada or Japan, and copies of this document and any
future related materials are not being and may not be mailed or otherwise
distributed or sent in or into the United States of America, Canada or Japan.

The offer, if any, will furthermore not be directed to persons whose
participation in the offering requires that further offer documents are issued
or that registration or other measures are taken, other than those required
under Dutch law. No document relating to the offer may be distributed in or into
any country where such distribution or offering requires any of the
aforementioned measures to be taken or would be in conflict with any law or
regulation of such a country.

This announcement has been issued by Vodafone Group Plc and is the sole
responsibility of Vodafone Group Plc and has been approved as regards Vodafone
Group Plc solely for the purposes of Section 21 of the Financial Services and
Markets Act 2000 by Goldman Sachs International.

Goldman Sachs International is acting for Vodafone Group Plc and no one else in
connection with the offer and will not be responsible to any other person for
providing the protections afforded to clients of Goldman Sachs International, or
for providing advice in relation to the offer.


                                    - ends -


                      This information is provided by RNS
            The company news service from the London Stock Exchange