Vodafone further increases shareholding in Europolitan

VODAFONE FURTHER INCREASES SHAREHOLDING IN EUROPOLITAN Not for release or distribution in the United States of America, Canada or Japan Further to the announcement of Vodafone Group Plc ("Vodafone") on 14 February 2003 relating to its recommended offer for the outstanding shares which it does not already own in Europolitan Vodafone AB (publ) ("Europolitan") (the "Offer"), Vodafone today announces that it has further increased its shareholding in Europolitan from approximately 88.3% to approximately 90.1% on an undiluted basis. The increase in shareholding was effected through market purchases since 14 February 2003 and the acquisition of shares tendered in the Offer, for a consideration of approximately SEK341 million. Vodafone now intends, following completion of the Offer, to implement compulsory acquisition procedures to acquire 100% of the shares in Europolitan. Furthermore, de-listing of Europolitan's shares from the Stockholm Exchange (Stockholmsbörsen) will be sought. 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 Enskilda Securities Martin Brandt Tel: +46 (8) 52 22 95 00 Tavistock Communications Lulu Bridges/John West Tel: +44 (0) 20 7600 2288 The Offer will not be made, directly or indirectly, in or into the United States of America, Canada or Japan, and copies of this document and any future related materials are not being and may not be mailed or otherwise distributed or sent in or into the United States of America, Canada or Japan. The Offer will furthermore not be directed to persons whose participation in the offering requires that further Offer documents are issued or that registration or other measures are taken, other than those required under Swedish law. No document relating to the Offer may be distributed in or into any country where such distribution or offering requires any of the aforementioned measures to be taken or would be in conflict with any law or regulation of such a country. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/02/25/20030225BIT00020/wkr0001.doc http://www.waymaker.net/bitonline/2003/02/25/20030225BIT00020/wkr0002.pdf