Banco Santander Central Hispano SA
3 July 2001
MATERIAL EVENT
The Santander Central Hispano Group has reduced its stake in VODAFONE from 2,71%
to 1,62%, realizing capital gains of Pta. 269,505 million. The net proceeds of
this operation will be assigned to the amortization of goodwill.
Madrid, July 3, 2001
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