Source - BUS

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

The Royal Bank of Scotland plc - Stabilisation Notice

The Royal Bank of Scotland plc

Vodafone Group PLC

Stabilisation Notice

The Royal Bank of Scotland plc (contact: Harman Dhami, +44 207 0855 213) hereby gives notice that no stabilisation, within the meaning of the rules under Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC), was undertaken by the Stabilising Manager(s) named below in relation to the offer of the following securities.

Issuer:   Vodafone Group PLC
Guarantor (if any): None
Aggregate nominal amount: EUR750m

Long 7 year Fixed Rate Note, XS1499604905

Stabilising Manager(s) The Royal Bank of Scotland plc (co-ordinating stabilisation manager)

Banco Santander S.A.

Société Générale

SMBC Nikko

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.