Vodafone AirTouch Receives Exemptive Order From SEC

March 14, 2000-Vodafone AirTouch Plc ('Vodafone AirTouch')

announces that its majority-owned subsidiary AirTouch

Communications, Inc. has received an exemptive order from the

Securities and Exchange Commission.

The order pertains to the 1940 Investment Company Act in relation to

Vodafone AirTouch's proposed U.S. joint venture with Bell Atlantic

announced on 21 September 1999. The companies continue to seek

the necessary regulatory approvals in connection with the joint

venture. The transaction is expected to close in spring 2000.

The joint venture combines the U.S. assets from Bell Atlantic Mobile,

AirTouch Cellular, Primeco Personal Communications and AirTouch

Paging. It is anticipated that it will be further strengthened by the

addition of the cellular and PCS assets of GTE Corporation.