Vodafone Interim Management Statement

DividendMax Ltd.

Vodafone Interim Management Statement

Interim management statement for the quarter ended 31 December 2012

7 February 2013

Group service revenue declined -2.6%*; or -0.4%* excluding mobile termination rate ('MTR') cuts

Decline in Northern and Central Europe service revenue: Germany -0.2%*, UK -5.2%*

Conditions in Southern Europe remain challenging: Italy -13.8%*, Spain -11.3%*

Continued growth in emerging markets1: India +9.0%*, Vodacom +1.9%*, Turkey +18.4%*

Verizon Wireless ('VZW') service revenue grew +8.7%* driven by strong customer additions

Group data revenue grew +12.8%*reflecting an increase in European smartphone penetration to 33.4%

LTE services launched in Italy, South Africa, Greece and Romania; LTE now available in six markets

Net debt reduced to £23.3 billion after receipt of £2.4 billion VZW dividend

Vodafone Red launched in five markets; 48.3% of European mobile service revenue now in-bundle

Full year guidance for adjusted operating profit and free cash flow confirmed

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