Vodafone Group: Vodafone announces completion of acquisition of the assets of Telsim in Turkey

Vodafone Group: Vodafone announces completion of acquisition of the assets of Telsim in Turkey

24 May 2006 -- Further to the announcement of 13 December 2005, Vodafone Group Plc announces that it has today completed the acquisition of the assets of Telsim from the Turkish Savings and Deposit Insurance Fund.About Vodafone

Vodafone is the world's leading mobile telecommunications group with operations in 27 countries across 5 continents with 179 million proportionate customers worldwide as at 31 December 2005 as well as 33 partner networks. For further information, please visit www.vodafone.com

About Telsim

All references to Telsim in the above release relate to Telsim Mobil Telekomunikasyon Hizmetleri. Telsim is the number 2 GSM operator in Turkey. At 31 August 2005 it had 8.7 million customers. Telsim's market share was approximately 21.4% as of June 2005. In 2004 Telsim generated revenue and EBITDA of US$712m and US$87m respectively. All historical information regarding Telsim has been extracted from Telsim's unaudited management accounts. For further information please visit www.telsim.com.tr

Source: Vodafone Group