Shareholding in Europolitan

Vodafone Group Plc
27 February 2003

27 February 2003



For Immediate Release - Not for release or distribution in the United States of
America, Canada or Japan


             VODAFONE FURTHER INCREASES SHAREHOLDING IN EUROPOLITAN

Vodafone Group Plc ('Vodafone') today announces that it has further increased
its shareholding in Europolitan Vodafone AB (publ) ('Europolitan') from
approximately 90.1% to approximately 90.8% on an undiluted basis.  This increase
in shareholding was effected through market purchases and the acquisition of
shares tendered in Vodafone's offer for shares which it does not already own in
Europolitan, for a consideration of approximately SEK141 million.





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]



Enskilda Securities

Martin Brandt

Tel:  [phone]



Tavistock Communications

Lulu Bridges/Justin Griffiths

Tel:  [phone]



The offer is not being made, directly or indirectly, in or into the United
States of America, Canada or Japan, and copies of this document and any future
related materials are not being and may not be mailed or otherwise distributed
or sent in or into the United States of America, Canada or Japan.

The offer is furthermore not being directed to persons whose participation in
the offering requires that further offer documents are issued or that
registration or other measures are taken, other than those required under
Swedish law. No document relating to the offer may be distributed in or into any
country where such distribution or offering requires any of the aforementioned
measures to be taken or would be in conflict with any law or regulation of such
a country.



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