VimpelCom wins prestigious Best Corporate Governance Award
03 Feb 2004

The IR Magazine awards are recognized worldwide as among the most accurate and reliable measures of excellence and accomplishment in the fields of investor relations and corporate governance. In addition to the best corporate governance prize, VimpelCom was also named winner for Best Investment Community Meetings and Roadshows and was awarded the Grand Prix for Best Overall Investor Relations - Large Cap. The awards were based on the results of a poll held among more than 60 fund managers and analysts who invest in / cover Russian companies.

"It was a great honor for us to win these prestigious awards from a well-respected publication such as IR Magazine," said Alexander Izosimov, Chief Executive Officer of VimpelCom. "We pride ourselves on the open and transparent manner in which our company operates and are grateful to see that the efforts we have undertaken at VimpelCom to protect the rights and interests of our valued shareholders and customers are being recognized by the international financial community."

VimpelCom Ltd.

Altimo, a leading private equity group, operating on some of the world's most desirable and potentially lucrative mobile telecommunications markets, was created in 2005 from Alfa Telecom, which itself was established in 2004 to hold the telecoms investments of the Alfa Group Consortium (VimpelCom Ltd., MegaFon and Turkcell Iletisim Hizmetleri A.S.). Those assets are in Russia, the CIS and other promising emerging markets.

VimpelCom Ltd. provides voice and data services through a range of wireless, fixed and broadband technologies. VimpelCom Ltd. is headquartered in Amsterdam and has operations in Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Georgia, Armenia, Kyrgyzstan, Vietnam, Cambodia, Laos, Algeria, Bangladesh, Canada, Italy, Pakistan, Burundi, Namibia, Zimbabwe and Central African Republic covering territory with a total population of about 843 million with over 181 mln subscribers. VimpelCom Ltd. operating companies provide services under the "Beeline", "Kyivstar", "Djuice", "Wind", "Infostrada", "Mobilink", "Leo", "Banglalink", "Telecel" and "Djezzy" brands. VimpelCom Ltd. is traded on the New York Stock Exchange under the symbol "VIP". As of 31 December 2010, Altimo owned 44.65% of the voting shares of VimpelCom Ltd. (since June 2011 -  24.99%).

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