VimpelCom Launches New Beeline Business Brand
03 Sep 2008

Moscow and New York (September 3, 2008) - Open Joint Stock Company “Vimpel-Communications” (“VimpelCom” or the “Company”) (NYSE: VIP) announced today the launch of the ‘Beeline Business’ brand for the Russian corporate market.

All the products and services provided to corporate clients by Golden Telecom and Corbina Telecom will be offered under the new single brand.
 
Alexander Izosimov, CEO of VimpelCom, said, “Today we want to say to the market that the integration is close to completion and we are working as one team now. Providing services under the single brand we are strengthening our competitive advantages and are ready to serve all the needs of business customers”.
 
“The launch of ‘Beeline Business’ means that we are an integrated operator which provides its clients with a wide range of telecom solutions. Business customers will soon find it natural to receive different types of communications services from one vendor that will help to make their business more successful”, said Jean-Pierre Vandromme, the Executive Vice President for Russian Operations of VimpelCom.
     
After the integration VimpelCom is becoming an operator which provides a full spectrum of telecom services*. Working under the strong single brand the Company will focus on offering corporate clients a unified high quality services across the whole Russia.

The VimpelCom Group consists of telecommunications operators providing voice and data services through a range of wireless, fixed and broadband technologies. The Group includes companies operating in Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armenia, in territories with a total population of about 250 million. The Group companies provide services under the "Beeline" brand.  VimpelCom was the first Russian company to list its shares on the New York Stock Exchange ("NYSE"). VimpelCom's ADSs are listed on the NYSE under the symbol "VIP".

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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