Management of Vimpel-Communications is pleased to invite the investment community to participate in its

                                                                         Fourth Quarter and Twelve Month 2007
                                                                   Financial and Operating Results Conference Call

The conference call will take place on:
Wednesday, March 12, 2008
11:30 A.M. (ET)
3:30 P.M. (in London)
6:30 P.M. (in Moscow)

Domestic U.S. and International Call-in Number: (888) 264-8905 and (913) 981-5578

The call and slide presentation may be accessed via webcast at the following URL
https://www.vimpelcom.com

The VimpelCom Group includes companies operating in Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armenia. The VimpelCom Group's GSM and 3G license portfolio covers a territory with a population of about 250 million. This includes the entire territories of Russia, 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".

The conference call replay will be available through March 19, 2008. The slide presentation and the web cast will also be available for download on the Company's website.

Domestic U.S. and International Replay Number: (888) 203-1112 and (719) 457-0820

Conference Call Confirmation Code: 9171794 

Webcast Replay URL: https://www.vimpelcom.com