Completes sale of Infostrada

Vodafone Group PLC 29 March 2001 Sale of Infostrada Vodafone Group Plc ('Vodafone') announces that its subsidiary Mannesmann AG has completed the sale of Infostrada S.p.A. to Enel S.p.A. ('Enel') today, in accordance with the revised terms agreed on 16 March 2001 between Vodafone and Enel. As a result, Vodafone's net debt at 31 March 2001 is likely to be in the region of £7 billion. For further information Tim Brown, Group Corporate Affairs Director Melissa Stimpson, Head of Group Investor Relations Jon Earl, Investor Relations Manager Darren Jones, Investor Relations Manager Tel: +44 (0) 1635 673310 Lulu Bridges / Sarah Landgrebe Tavistock Communications Tel: +44 (0) 20 7600 2288 Warren Finegold / Alberto Franzone / Andre Sokol UBS Warburg Tel: +44 (0) 20 7567 8000 This announcement has been issued by and is the sole responsibility of Vodafone Group Plc. UBS Warburg Ltd., a subsidiary of UBS AG, which is regulated in the United Kingdom by the Securities and Futures Authority Limited, is acting for Vodafone Group Plc and for no one else in connection with the proposed transaction and will not be responsible to anyone other than Vodafone Group Plc for providing the protections afforded to customers of UBS Warburg Ltd., or for providing advice in relation to the transaction.
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