Amsterdam and New York (March 22, 2011) - “VimpelCom Ltd” (“VimpelCom” or the “Company”) (NYSE: VIP), a leading international provider of telecommunications services, today announced that it will webcast the conference call on its fourth quarter and full year 2010 operating and financial results on Tuesday, March 29, 2010, at 4:30 pm CET, (10:30 am US ET).

The conference call will be hosted by Alexander Izosimov, President and Chief Executive Officer, VimpelCom Ltd. He will be joined by:

• Henk van Dalen, Chief Financial Officer, VimpelCom Ltd.;
• Elena Shmatova, General Director, Head of Russian operations;
• Dmitry Kromsky, Head of  the CIS operations;
• Andrew Simmons, Chief Financial Officer of Ukrainian operations; and
• Alexey Subbotin, Head of Investor Relations, VimpelCom Ltd.

The press release announcing the Company’s fourth quarter and full year 2010 operating and financial results will be available on the Company's web site, located at https://www.vimpelcom.com, prior to the conference call.

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

US call-in number:                 + 1 888-455-2263
International call-in number:  + 1 719-457-2693

The conference call replay and the slide presentation webcast will be available through April 5, 2011 and April 29, 2011, respectively. The slide presentation will also be available for download on the Company's website.

US Replay Number:                 +1 888-203-1112     Confirmation Code:  1962230
International Replay Number:  +1 719-457-0820     Confirmation Code:  1962230