Vodafone wins the “2004 GSM association award” with mobile connect card made by Option

Option N.V. (Euronext: OPTI), the wireless technology company, today congratulated Vodafone on winning the GSM Association Awards 2004 in the category for Best Mobile Application – Corporate Market. Vodafone won the award with the Mobile Connect Card.

CANNES, France, February 25, 2004 – Option N.V. (Euronext: OPTI), the wireless technology company, today congratulated Vodafone on winning the GSM Association Awards 2004 in the category for Best Mobile Application – Corporate Market. Vodafone won the award with the Mobile Connect Card.

The Mobile Connect Card is developed and manufactured by Option.

The GSM Association presented its 9 th annual GSM Awards yesterday, 24 th February 2004.

These awards ceremony honors people, organizations and companies that deliver new ideas, methods, or new technologies that generally improve the quality of customers’ lives or enhance productivity. The Vodafone Mobile Connect Card won the Award in the category for Best Mobile Application – Corporate market.

Jan Callewaert, CEO Option: “We are proud that our GlobeTrotter GPRS data card gets this worldwide recognition. Marketed as the Mobile Connect Card, Vodafone has redefined the data card market by its customer-focused approach. Congratulations to Vodafone for their commercial performance in delivering a straightforward mobile office solution”.

ith the Mobile Connect Card you can get online via your laptop computer from almost any location without the need to plug in your mobile or find the nearest jack. Simply install the software, plug in the data card including your Vodafone SIM. As a fully integrated connectivity solution for notebook users, the Mobile Connect Card provides quick, simple and secure access to existing business information such as email, corporate applications, company intranets and the internet, whenever and wherever it is needed.

About Option

Option NV ( www.option.com ), the wireless technology company, is a leading innovator in the design, development and manufacture of 3G WCDMA (UMTS), EDGE, GPRS, GSM and WLAN technology products for wireless connectivity solutions. Option has built up an enviable reputation for creating exciting products that enhance the performance and functionality of wireless communications. Option’s headquarters are in Leuven , Belgium . The company has Research & Development in Leuven, a Software and Applications development centre in Adelsried ( Germany ) and an ISO 9002 production engineering and logistics facility in Cork , Ireland .

For more information on the 2004 GSM Association Awards

www.3gsmworldcongress.com

For more information please contact:

Douglas Ros, Vice President Business Development & Marketing

Tel +32 (0)16 317 411

E-mail: d.ros@option.com