SIE Siemens N Ord

RNS Number:9705P
Vodafone Group PLC
15 January 2002



15 January 2002


              VODAFONE SELLS REMAINING STAKE IN ATECS MANNESMANN

Vodafone Group Plc ("Vodafone") today announces that its subsidiary Vodafone
AG has exercised its option to sell to Siemens AG ("Siemens") its 50% less 2
shares stake in the Atecs Mannesmann engineering and automotive businesses for
a cash consideration of EUR 3.657 billion.  The consideration is due to be
paid by Siemens before the end of March 2002.


                                   - ends -


For further information:

Vodafone Group Plc

Tim Brown, Group Corporate Affairs Director

Melissa Stimpson, Head of Group Investor Relations

Bobby Leach, Head of Group Financial Media Relations

Jon Earl, Senior Investor Relations Manager

Darren Jones, Senior Investor Relations Manager

Tel:  +44 (0) 1635 673310



Tavistock Communications

Lulu Bridges / John West

Tel:  +44 (0) 20 7600 2288


Notes to Editors


Vodafone announced terms of an agreement to sell Atecs Mannesmann on 17 April
2000, including details of the option referred to above.  A payment of EUR
3.116 billion was made to Vodafone in September 2000 for a 50% plus 2 shares
stake and completion of the sale, following regulatory clearance from the
relevant European Union and US authorities, was announced on 17 April 2001.

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