Closing of Sale of Atecs Mannesmann

    NEW YORK, April 17 Vodafone Group Plc ("Vodafone")
announces that, following approval from the relevant European Union and US
regulatory authorities, its subsidiary Mannesmann AG ("Mannesmann") has
completed the disposal to Siemens AG ("Siemens") of a 50% plus 2 shares stake
in the Atecs Mannesmann engineering and automotive businesses.
    In respect of the remaining stake in Atecs Mannesmann a payment of between
EUR 3.657 billion and EUR 3.807 billion is to be made upon the exercise of
certain options by Mannesmann or Siemens, which can be exercised by 31
December 2003.