Joint Venture Details

Vodafone Group PLC
13 February 2001

                                                              
                               
    Terenci Brings Mobile Solutions to European Businesses
                               
 Cap Gemini Ernst & Young and Vodafone have chosen Terenci as
     the name for their Mobile b2b Solutions Joint Venture
                               


Cap  Gemini  Ernst & Young and Vodafone Group Plc ('Vodafone')
announce  that  their joint venture is to be named  'Terenci'.
Terenci  will integrate mobile services with internet  and  IT
solutions  to address the growing needs of European businesses
to   make   mobile  technology  an  integral  part  of   their
operational processes.

Terenci,    which   combines   the   management   consultancy,
information  technology and integration skills of  Cap  Gemini
Ernst & Young and the mobile technology and services expertise
of  Vodafone,  will initially focus on those segments  of  the
market where mobile access and timely information are crucial,
such as freight and logistics, automotive, and construction.

Terenci, which is headquartered in Dusseldorf, with operations
both  in Germany and the U.K., is led by John Curtis (formerly
Cap  Gemini Ernst & Young) as CEO. The Executive Board further
consists  of:  Dr. Armin G. Hessler, Marketing  and  Services,
Ulrich  Keuling,  Technology and Systems  and  Ken  Woodhouse,
Delivery and Implementation.

Only established in mid December following clearance from  the
EU,  Terenci  has  already experienced very positive  customer
reactions,  and  is  currently in active  discussions  with  a
number  of  customers in the freight, construction and  retail
sector.

Terenci  will  form  partnerships with  innovative  technology
players  in  the  mobile applications and services  market  to
develop  new  business  propositions  to  customers.  A  first
example of such a partnership is a co-operation agreement with
V3, a mobile gateway and applications development company. Its
skills  will form part of several European m-commerce projects
that  Terenci is undertaking currently in areas such as  sales
force   automation,  fleet  management  services  and   'smart
engineers', experts in the field using mobile data services.

John  Curtis, CEO of Terenci, said, 'The market potential  for
mobile  solutions  is  huge. Businesses are  actively  seeking
services such as load matching or proof of delivery in freight
and  logistics,  on-site materials ordering  and  tracking  in
construction,  or  remote monitoring for  security  companies.
Terenci  will create, design, and implement the future end-to-
end  mobile  strategies of companies wanting  to  get  a  step
ahead.'

Geoff Unwin, CEO of Cap Gemini Ernst & Young, said, 'This is a
powerful   combination.  We  are  bringing   together   mobile
applications and services, IT and systems integration  skills,
and  expertise  in management consultancy  to  put  us  in  an
excellent  position  to  become the  frontrunner  in  offering
mobile solutions to all b2b markets.  The proven strength  and
capabilities of the two parent companies in their fields  will
give Terenci the springboard it needs to address the needs  of
the market very quickly.'

Thomas  Geitner,  COO  Vodafone Europe, added,  'Increasingly,
wireless solutions and marketplaces will play important  roles
in   everyday  life,  especially  for  business  to   business
communications.   From   simple  applications   like   receipt
acknowledgement  and  proof of delivery, to  complete  systems
built  around secure payment technologies; the uses have  only
just begun to be imagined.  This is a market that Vodafone  is
pursuing  and  Terenci  will  play  a  valuable  role  in  the
significant opportunity ahead.'

The  name  Terenci  was chosen by employees  and  shareholders
together;  the  name  was  felt to encompass  the  innovation,
stability  and  trust  of  a  long  term  commitment  to   its
customers. Terenci is backed by two major global companies who
are dedicated to developing this offer jointly through Terenci
to corporate customers.

For  further information on Terenci, please visit the  website
at www.terenci.com.

For  further information on V3, please visit their website  at
www.v3world.com.

NOTES TO EDITORS

CAP GEMINI ERNST & YOUNG
Cap  Gemini Ernst & Young is one of the largest management and
IT   consulting  firms  in  the  world.  The  company   offers
management  and  IT consulting services, systems  integration,
and    technology   development,   design   and    outsourcing
capabilities on a global scale to help traditional  businesses
and  'dot  companies' continue to implement growth  strategies
and  leverage technology in the new economy.  The organisation
employs  more than 59,000 people worldwide and reports  global
provisional  revenues  of about 8.5 billion  euros  (2000  pro
forma).

More  information about individual service lines, offices  and
research is available at www.cgey.com

VODAFONE
Vodafone  Group  Plc is the largest wireless operator  in  the
world  by  subscribers,  and has a presence  in  25  countries
across five continents.  At the end of December 2000, Vodafone
had approximately 78.7 million proportionate subscribers (note
1) and approximately 172 million venture customers(note 2).

For further information on Vodafone Group Plc, please visit
the website at www.vodafone.com.

Note 1:  On a proportionate basis ie based upon the percentage
shareholding of Vodafone in each company.

Note  2:   Venture customers - represents the total subscriber
base of each company in which Vodafone has an investment.


For further information:

CAP GEMINI ERNST & YOUNG
Philippe Guichardaz
Telephone: [phone]
[e-mail]

VODAFONE
Melissa Stimpson, Head of Group Investor Relations
Jon Earl, Investor Relations Manager
Vodafone Group Plc
Telephone: [phone]

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