Issue of Debt

Vodafone AirTouch PLC
28 April 2000

                                
          VODAFONE AIRTOUCH PLC $3.5 BILLION  FRN ISSUE
                                
 NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES OR CANADA

          
Vodafone  AirTouch  Public  Limited  Company  announced  today  a
proposed  issue  of  $3.5  billion of short-dated  Floating  Rate
Notes.   The Notes will be offered in the United States  only  to
'qualified  institutional buyers' as defined in Rule  144A  under
the U.S. Securities Act of 1933 and outside the United States  in
accordance  with customary practice for similar  issues.   Lehman
Brothers will act as the sole underwriter for the offering.

The Notes will be unsecured debt obligations of Vodafone AirTouch
and will rank equally with all other present and future unsecured
and  unsubordinated debt obligations of the company.  Application
has  been  made  to list the Notes on the London Stock  Exchange.
The  purpose  of  the offering is to provide  funds  for  general
corporate  purposes, including working capital  and  the  interim
financing  of  costs  in  connection with third  generation  (3G)
telecommunications licenses.  Launch and pricing of the issue  is
expected  during  the  week of May 1,  2000,  subject  to  market
conditions.

These  materials are not an offer for sale of the  Notes  in  the
United  States.  The Notes may not be sold in the  United  States
absent  registration or an exemption from registration under  the
U.S.  Securities  Act  of  1933, as amended.   Vodafone  AirTouch
Public Limited Company does not intend to register any portion of
the offering in the United States or to conduct a public offering
of Notes in the United States.


For further information contact:

Terry Barwick, Corporate Affairs Director
Tim Brown, Investor Relations Director
Melissa Stimpson, Senior Investor Relations Manager
at Vodafone AirTouch Plc
Telephone:  [phone]

Lulu Bridges
Tavistock Communications
Telephone:  [phone]