Put Option
08 August 2007 - 9:01AM
UK Regulatory
RNS Number:7097B
Vodafone Group Plc
08 August 2007
8 August 2007
PUT OPTION
Vodafone announces that it has decided not to exercise its rights under its
agreement with Verizon Communications Inc. ("Verizon") to sell to Verizon up to
US$10 billion of Vodafone's interest in Verizon Wireless ("VZW"). This was the
final such option available to Vodafone.
VZW is a market leading business with strong growth prospects and the Board of
Vodafone continues to believe that retaining its full 45% interest is in the
best interests of shareholders.
-ends-
For further information:
Vodafone Group
Investor Relations Media Relations
Tel: +44 (0) 1635 664447 Tel: +44 (0) 1635 664444
This information is provided by RNS
The company news service from the London Stock Exchange
END
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