Placing Details

Vodafone Group PLC
2 May 2001


NOT TO BE DISTRIBUTED IN OR INTO THE UNITED STATES, CANADA OR JAPAN

2 May 2001


      PLACING OF NEW VODAFONE SHARES RAISING APPROXIMATELY £3.5 BILLION

Vodafone Group Plc ('Vodafone') announces that further to the announcement
made earlier today regarding the acquisition of British Telecommunications
PLC's interests in JAPAN TELECOM, the J-Phone Group and Airtel and the placing
of new Vodafone shares, the placing price and the size of the issue have now
been determined following the completion of the bookbuilding process.

To accommodate investor demand, Vodafone has decided to increase the size of
the placing to 1,825,000,000 shares, which have been placed at 194p per share
to raise approximately £3.5 billion. The new Vodafone shares being issued
represent approximately 2.8 per cent. of Vodafone's issued ordinary share
capital prior to the placing.

The placing is conditional on admission of the new Vodafone shares to listing
on the Official List of the UK Listing Authority and to trading on the London
Stock Exchange. It is expected that admission will become effective and
trading will commence on Wednesday 9 May 2001.



                                   - ends -



For further information:

Vodafone Group Plc              +44  (0) 1635 673 310
Tim Brown, Group Corporate Affairs Director
Melissa Stimpson, Head of Group Investor Relations
Jon Earl, Investor Relations Manager
Darren Jones, Investor Relations Manager

Tavistock Communications        +44  (0) 20 7600 2288
Lulu Bridges
Sarah Landgrebe


Goldman Sachs International     +44  (0) 20 7774 1000
Scott Mead
Simon Dingemans

UBS Warburg                     +44  (0) 20 7567 8000
Robert Gillespie
Mark Lewisohn
Warren Finegold


This press release does not constitute an offer of shares or American
Depository Shares for sale in the United States. Vodafone has filed a
Registration Statement on Form F-3 with the Securities and Exchange Commission
that has been declared effective and expects to offer shares for sale in the
United States pursuant to such Registration Statement. Any public offering of
shares or American Depository Shares to be made in the United States will be
made by means of a prospectus supplement to the prospectus included in the
Registration Statement. The prospectus supplement will contain or incorporate
by reference detailed information about the company and management, as well as
financial statements.

The shares being sold in the placing outside of the United States have not
been registered under the Securities Act of 1933, as amended, and may not be
offered or sold in the United States unless registered under the Securities
Act or pursuant to an applicable exemption from the registration requirements
of the Securities Act.

The shares being sold in the placing may not be offered or sold in the United
Kingdom other than to persons whose ordinary activities involve them in
acquiring, holding, managing or disposing of investments (as principal or
agent) for the purposes of their businesses or otherwise in circumstances
which will not result in an offer to the public in the United Kingdom within
the meaning of the Public Offers of Securities Regulations 1995 or of Part IV
of the Financial Services Act 1986.  The shares may not be offered or sold in
any other jurisdiction (other than the United States of America) in
circumstances which would constitute an offer to the public in such
jurisdiction or which would result in the shares needing to be registered or
made the subject of a prospectus (or equivalent document) in the context of
the placing.