Add A Splash Of Color In Time For The New Year With Fully Loaded Handset From LG Mobile Phones And Verizon Wireless

Bedminster, NJ and San Diego, CA —

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Verizon Wireless, the nation's largest wireless provider and a leader in mobile data, and LG Mobile Phones today announce the availability of the new VX4400 handset. The VX4400 combines the technical innovation, style and advanced features of an LG mobile phone with the superior performance and capabilities of Verizon Wireless' nationwide network and Get It Now^SM service.

Color is key with the VX4400, which offers a wireless fireworks show with its 65K-STN color internal LCD display, brilliant blue backlit keypad and LG's signature event-personalized caller ID with up to 10 different colors - users can choose red for a incoming calls, blue for missed calls and green for new SMS alerts.

Created to combine business and pleasure, the VX4400 supports Get It Now from Verizon Wireless, which lets consumers download entertainment, games and business applications over the air anytime. The new handset will soon be available on the Express Network^SM, Verizon Wireless' high-speed wireless data network service that offers speeds between 40 to 60 kilobits per second (kbps) and bursts of up to 144 kbps - similar to or better than a home dial-up PC connection. A mobile connectivity kit is required for use with a laptop.

The VX4400 offers the following additional features:

• Full-color customizable internal LCD screen (8 wallpapers, 4 theme colors, 2 font sizes and 5 font colors)
• E911 emergency location capable
• Openwave UP 4.1 Web browser
• Voice activated dialing
• Up to 1.5 MB downloadable flash memory
• 2-way short messaging service
• One-touch memo (4 minutes)
• Internal USB capable
• 26 ringer tones
• CMX MIDI sound for ringers and games
• 5-way navigation key
• Scheduler/calendar
• 99 speed dial entries
• Phone book (199 entries x 5)

Offered for $199.99 with a two-year customer agreement, the VX4400 is available online at www.verizonwireless.com and at Verizon Wireless'1,300 Communications Stores and RadioShack locations nationwide.

About Verizon Wireless
Verizon Wireless is the nation's leading provider of wireless communications. The company has the largest nationwide wireless voice and data network and 31.5 million customers. Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at www.verizonwireless.com .

About HopeLine^SM
Verizon Wireless encourages customers who are upgrading their wireless phone to the new VX4400 to participate in its exclusive HopeLine phone recycling program. The national HopeLine program distributes previously owned wireless phones to victims of domestic violence, supports non-profit domestic violence advocacy groups and provides an environmentally safe method of recycling phones. Donations are accepted at all 1,300-plus Verizon Wireless Communications Stores across the country. For additional information, customers can also visit www.verizonwireless.com/hopeline .

About LG Mobile Phones
Headquartered in San Diego, California, LG Mobile Phones is part of the North American wireless division of LGE USA, a business unit of LG Electronics of Seoul, Korea. With annual sales of $14.8 billion, LGE employs more than 55,000 individuals worldwide and operates research and development, manufacturing, and sales and marketing facilities around the world. LGE was the first manufacturer to commercialize the CDMA digital mobile communication system with its support of the launch of the SK Telecom Network in Korea. LG's expertise in designing sleek, user-friendly phones has proven extremely successfully in the U.S. market, where the company's market-share of all CDMA handsets has grown exponentially in just three years. Gartner recently reported that LG has claimed nearly 18-percent of the U.S. CDMA market-share for Q2 2002. LG is further increasing this penetration with an aggressive brand campaign and a competitive line of next generation high-speed voice and data mobile phones. More information can be found at http://www.LGMobilePhones.com.

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