Re Offer for Telecel

Vodafone Group Plc
21 May 2003



21 May 2003



  VODAFONE ANNOUNCES COMPULSORY ACQUISITION OF REMAINING MINORITY INTERESTS IN
                                    TELECEL

Vodafone Group Plc ('Vodafone') today announces the compulsory acquisition of
the outstanding shares in Vodafone Telecel-Comunicacoes Pessoais, S.A. ('
Telecel') that it does not already own, further to its public offer for Telecel.
The compulsory acquisition was registered by the CMVM (the Portuguese
Securities Market Commission) yesterday and becomes effective upon the
publication of the announcement of the registration in Portugal.  The compulsory
acquisition will also result in the de-listing of the Telecel shares from any
regulated market of the Euronext Lisbon.

The consideration in respect of the Telecel shares subject to the compulsory
acquisition is EUR 8.50 in cash per Telecel share, being the consideration
offered by Vodafone in its public offer for Telecel, the outcome of which was
announced on 1 April 2003.

As a result of the compulsory acquisition, Vodafone will own, directly and
indirectly, 100% of the share capital and the total voting rights in Telecel.

                                    - ends -

For further information:

Vodafone Group
Tim Brown, Group Corporate Affairs Director
Tel:  [phone]

Investor Relations
Melissa Stimpson
Darren Jones
Tel:  [phone]

Media Relations
Bobby Leach
Ben Padovan
Tel:  [phone]

Goldman Sachs International
Simon Dingemans
Tel:  [phone]

Tavistock Communications
Lulu Bridges
Tel:  [phone]

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



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