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Veon Ltd.

November 23, 2006

VimpelCom to release third quarter and nine months 2006 financial and operating results on Thursday, November 30, 2006

Moscow and New York (November 23, 2006) — Open Joint Stock Company "Vimpel-Communications" ("VimpelCom" or the "Company") (NYSE: VIP), announced today that it will webcast its conference call on its third quarter and nine months 2006 financial and operating results on Thursday, November 30, 2006, at 6:30 p.m. Moscow time (10:30 a.m. ET). The conference call will be hosted by Alexander Izosimov, Chief Executive Officer. He will be joined by Elena Shmatova, Chief Financial Officer, Nikolay Pryanishnikov, Executive Vice President – General Director, Regions; Kent McNeley, Chief Marketing Officer, and Valery Goldin, Vice President of International and Investor Relations. The press release announcing the Company’s third quarter and nine months 2006 financial results will be available on the Company's web site, located at https://www.vimpelcom.com, prior to the conference call.

The Company's management will discuss its third quarter and nine months 2006 results during a conference call and slide presentation.  The call and slide presentation may be accessed via webcast at the following URL address https://www.vimpelcom.com.  For those who will be unable to listen to the live slide presentation webcast, it will be archived on the Company’s web site until December 28, 2006.

The VimpelCom Group includes cellular companies operating in Russia, Kazakhstan and recently acquired cellular operators in Ukraine, Tajikistan, Uzbekistan, Georgia and Armenia. The VimpelCom Group's cellular license portfolio covers a territory with a population of about 240 million.  This includes 78 regions of Russia (136.5 million, representing 94% of the Russia's population), and the entire territory of Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armenia.  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".

 

 

 

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