Further Re: Telecel Offer

Vodafone Group Plc
28 March 2003

28 March 2003


              VODAFONE INCREASES SHAREHOLDING IN TELECEL TO 70.3%


Further to the announcement of Vodafone Group Plc ('Vodafone') on 28 February
2003 relating to its public offer for the outstanding shares which it does not
already own (the 'Shares') in Vodafone Telecel-Comunicacoes Pessoais, S.A. ('
Telecel') (the 'Offer'), Vodafone today announces that it has further increased
its shareholding in Telecel from approximately 67.5% to approximately 70.3% as
at 27 March 2003.  The increase in shareholding was effected through market
purchases of 6,145,144 Shares on Euronext Lisbon at a price per Share of EUR
8.50 or below, for an aggregate consideration of approximately EUR 52 million.

The acceptance period for the Offer expires at 3.00pm (UK and Portugal time),
9.00am (New York City time), on 31 March 2003.


For further information contact:

Vodafone Group Plc
Tim Brown, Group Corporate Affairs Director
Melissa Stimpson, Director of Group Investor Relations
Bobby Leach, Head of Group Financial Media Relations
Darren Jones, Senior Investor Relations Manager
Tel:  [phone]

Goldman Sachs International
Simon Dingemans
Tel:  [phone]

Tavistock Communications
John West/Justin Griffiths
Tel:  [phone]


This announcement is neither an offer to purchase nor a solicitation of an offer
to sell any securities.  The Offer is being made only by means of the Offer
document and is being made to all holders of any Shares, other than Shares held,
directly or indirectly, by Vodafone.


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