FOR RELEASE: IMMEDIATE

ITU TELECOM WORLD 2003 - GENEVA, October 13, 2003, Option (Euronext: OPTI; Nasdaq Europe OPIN), the wireless technology company, today announced that it is developing a customized high-speed data card for Vodafone, the world’s leading mobile communications company. The high-speed data card will form the basis of Vodafone’s end-to-end mobile data solution that is marketed on an international basis.

“Following the success of our partnership with Vodafone over the past year with our GlobeTrotter Data Card, I am delighted that Option has been selected to develop another card for Vodafone”, said Jan Callewaert, CEO at Option.

“Vodafone’s choice for Option demonstrates the commitment that Option has proven to its partners in providing leading edge wireless technology solutions”, he continued. “Option's data card will play a major role in the provision of high-speed wireless data services to the corporate market.”

OTHER HIGHLIGHTS

• The development of the new card for Vodafone follows on from the success of Option’s 2.5G GPRS Data Card “GlobeTrotter” customized for Vodafone.
  
  
• To enable fast track interoperability during the design, development and test phases of the project Option’s facilities are equipped with Base Stations for high-speed data services.

For more information please contact:

Douglas Ros, Vice President Business Development & Marketing
Tel +32 (0)16 317 411
d.ros@option.com

Frederic Convent, Chief Financial Officer & Legal Counsel
Tel +32 (0)16 317 411
investor@option.com

About Option (www.option.com)
Option is the wireless technology company and is a leading innovator in the design, development and manufacture of 3G UMTS, GPRS, GSM and WLAN technology products for wireless connectivity solutions. Option has built up a solid 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.

Option and the Option logo are trademarks of Option NV. All other trademarks are the property of their respective owners.