Vodafone Group Plc ("Vodafone") today announces that its subsidiary, Vodafone Investments Australia Limited ("VIAL"), intends to make a cash offer of approximately $200 million (the "Offer") for Mobile Communications Holdings Limited ("MBC"). MBC holds 4.5% of Vodafone Pacific Limited. The Offer Price is $4.05 in cash for each MBC Share.

The Offer is subject to a number of conditions, including that VIAL satisfies the prerequisites for compulsory acquisition of any remaining MBC shares. The Offer is also subject to Foreign Investment Review Board approval.

For further information contact:

Tim Brown, Group Corporate Affairs Director
Melissa Stimpson, Head of Group Investor Relations
Jon Earl, Investor Relations Manager
Darren Jones, Investor Relations Manager
At Vodafone Group Plc
Telephone: +44 (0) 1635 673310

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