Speculation regarding joint venture with Liberty Global

Following recent media speculation, Vodafone Group Plc ("Vodafone") confirms it is in discussions with Liberty Global Plc ("Liberty Global") regarding the creation of a joint venture in the Netherlands that would incorporate both companies’ local operating businesses. The discussions are ongoing and do not extend beyond the creation of a joint venture in the Netherlands.

There is no certainty as to when or whether any transaction will be agreed.

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Vodafone Group

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