Re Put Option

Vodafone Group Plc
13 September 2004



                               VODAFONE GROUP PLC

                      PUT OPTION OVER ITS ORDINARY SHARES



Vodafone Group Plc ('Vodafone') announces today that it has sold a put option
over its ordinary shares of U.S.$0.10 to Citigroup Global Markets U.K. Equity
Limited (the 'Counterparty') as follows:


Put Option over Ordinary Shares


Trade date of the put option:                      10 September 2004


Exercise date of the put option:                   26 October 2004

Number of ordinary shares that are the subject of the put option:      10,000,000

If the put option is exercised by the Counterparty then the total      £12,494,000
consideration payable by Vodafone from existing cash reserves to the
Counterparty (after deducting the premium it has received from the
Counterparty) will be:



This announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any jurisdiction.


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