Completion of Acquisition

Vodafone Group PLC
29 June 2001


29 June 2001



VODAFONE COMPLETES ACQUISITION OF BRITISH TELECOMMUNICATIONS' INTERESTS IN
                   AIRTEL FOR EUR 1.77 BILLION


Vodafone Group Plc ('Vodafone') announces that it has today completed its
acquisition of British Telecommunications Plc's 17.8% shareholding in Airtel
Movil S.A. ('Airtel'), first announced on 2 May 2001, for a cash consideration
of approximately Eur 1.77 billion.  Vodafone now has a 91.6% shareholding in
Airtel.

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For further information contact:

Vodafone Group Plc
Tim Brown, Group Corporate Affairs Director
Melissa Stimpson, Head of Group Investor Relations
Jon Earl, Investor Relations Manager
Darren Jones, Investor Relations Manager
Tel:  [phone]



Tavistock Communications
Lulu Bridges / Sarah Landgrebe
Tel:  [phone]