Does the Company operate a Dividend Re-Investment Plan for ADS Holders?

For ADS holders, Deutsche Bank, through its transfer agent, AST, maintains a DB Global Direct Investor Services Program for the Company, which is a direct purchase and sale plan for Depositary Receipts, with a dividend re-investment facility. For additional information please contact:

AST
Plan Administration Dept
Wall Street Station
PO BOX 922
New York
NY 10269-0560 

Telephone

Calling from inside the US: 800 233 5601 (toll-free)
Calling from outside the US: +1 201 806 4103

Email

db@astfinancial.com

Is there any eligibility criteria for enrolling in the DB Global Direct Investor Services Program?

Most individuals are eligible to enrol in DB Global Direct Investor Services Program. Interested investors may participate in the Plan if they already own Vodafone ADSs or non-holders may make their initial purchase of ADSs directly through the Plan. If you have any questions please contact AST with the details above.

What services are available under the Plan?

Once enrolled in the Plan, you can invest cash dividends, when paid, and make optional cash investments simply and conveniently. Optional cash investments can be made at any time. With DB Global Direct Investor Services Program you have the advantage of having your cash fully invested because all ADSs, both full and fractional, are credited to your account and earn additional dividends when paid.

How do I join the Plan if I currently hold my Vodafone ADSs in certificated form?

If you already own Vodafone ADSs in certificated form, you may deposit the certificates into your Plan account. AST will credit these ADSs to your Plan account in book-entry form. This feature protects your ADSs against possible loss, theft or accidental destruction and may save you the expense of having to replace your certificates.

What happens when I want to sell or transfer my ADSs?

ADSs owned by you, whether in book-entry or certificated form, can be easily sold or transferred through the Plan. Transfers may be effected in book-entry or certificated form. You may instruct AST to issue a certificate in your name for ADSs held in the Plan at any time.

What costs are associated with DB Global Direct Investor Services Program?

DB Global Direct Investor Services Program is administered solely by AST and not by Vodafone Group Plc. Details of the costs and fees associated with the Plan, including enrolment costs, administrative service fees and/or brokerage commissions can be obtained from AST:

AST
Plan Administration Dept
Wall Street Station
PO BOX 922
New York
NY 10269-0560 

Telephone

Calling from inside the US: 800 233 5601 (toll-free)
Calling from outside the US: +1 201 806 4103 (not toll-free)

Email

db@astfinancial.com