Vodafone may acquire some of Liberty Global's European assets

Vodafone Announcement Regarding Media Speculation

Vodafone Group plc (“Vodafone”) notes the recent press speculation regarding a potential transaction with Liberty Global plc (“Liberty Global”).

Vodafone confirms that it is in early stage discussions with Liberty Global regarding the potential acquisition of certain overlapping continental European assets owned by Liberty Global.

There is no certainty that any transaction will be agreed, nor as to the terms, timing or form of any transaction.

Vodafone is not in discussion with Liberty Global regarding a combination of both companies.

This announcement contains inside information for the purposes of Article 7 of EU regulation 596/2014.