Dividend Payments

Vodafone Group Plc
05 February 2003

5 February 2003

                               DIVIDEND PAYMENTS



Vodafone Group Plc ('Vodafone') announces today that, with effect from the
payment of its final dividend on 8 August 2003, holders of ordinary shares with
a registered address in a Eurozone country (defined as those countries which
have adopted the Euro as the national currency) will in future receive their
cash dividend in Euros, unless they:

1. Wish to elect to continue to receive dividends in Sterling, or

2. Are participating in the Company's Dividend Reinvestment Plan, or

3. Have mandated their dividend payments to be paid directly to a bank or
building society account in the United Kingdom.



Some two-thirds of Vodafone's approximately 650,000 holders of ordinary shares
have a registered address in a Eurozone country.



In accordance with the Company's Articles of Association, the Sterling/Euro
exchange rate will be determined by the Company shortly before each dividend
payment date.



Further information regarding this change is being mailed to relevant
shareholders today.



For further information contact:



Vodafone Group

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]



Tavistock Communications

Lulu Bridges

John West

Tel:  [phone]


                      This information is provided by RNS
            The company news service from the London Stock Exchange