Further to the announcement of Vodafone Group Plc ('Vodafone') on 28 February 2003 relating to its public offer for the outstanding shares which it does not already own (the 'Shares') in Vodafone Telecel-Comunicates Pessoais, S.A. ('Telecel') (the 'Offer'), Vodafone today announces that it has increased its shareholding in Telecel from approximately 61.4% to approximately 67.5% as at 26 March 2003. The increase in shareholding was effected through market purchases of 13,069,663 Shares on Euronext Lisbon at a price per Share of EUR 8.50 or below, for an aggregate consideration of approximately EUR 111 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: +44 (0) 1635 673310

Goldman Sachs International
Simon Dingemans
Tel: +44 (0) 20 7774 1000

Tavistock Communications
John West/Justin Griffiths
Tel: +44 (0) 20 7600 2288

This announcement is neither an offer to purchase nor a solicitation of an offer to sell any securities. The Offer is being made only by means of the Offer document and is being made to all holders of any Shares, other than Shares held, directly or indirectly, by Vodafone.