Vodafone announcement re media speculation

Vodafone Group Plc ("Vodafone") notes the recent media speculation regarding a potential transaction between Vodafone and Liberty Global Plc ("Liberty Global").

Vodafone confirms that it is in the early stages of discussions with Liberty Global regarding a possible exchange of selected assets between the two companies.

There is no certainty that any transaction will be agreed, nor is there certainty with respect to which assets will ultimately be involved.

Vodafone is not in discussions with Liberty Global concerning a combination of the two companies.

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