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Veon Ltd.

May 26, 2006

VimpelCom to release first quarter 2006 financial and operating results on Thursday, June 1, 2006

Moscow and New York (May 26, 2006) - Open Joint Stock Company “Vimpel-Communications” (“VimpelCom” or the “Company”) (NYSE: VIP) announced today that it will webcast its conference call on its first quarter 2006 financial and operating results on Thursday, June 1, 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 first quarter 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 first quarter 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 June 30, 2006.

VimpelCom is a leading international provider of mobile telecommunications services in Russia and Kazakhstan, with newly acquired operations in Ukraine, Tajikistan and Uzbekistan. The VimpelCom Group's license portfolio covers approximately 232 million people.  Geographically it covers 78 regions in Russia (with 136.5 million people, representing 94% of Russia's population) as well as the entire territories of Kazakhstan, Ukraine, Tajikistan and Uzbekistan.  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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