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

Golden Telecom Tender Offer

Conference Call

The conference call will take place on:
Monday, January 28, 2008
10:30 A.M. (ET)
3:30 P.M. (in London)
6:30 P.M. (in Moscow)

Domestic U.S. and International Call-in Numbers: (888) 661-5127 and (913) 312-0719

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 and the slide presentation webcast will be available through February 4, 2008 and February 28, 2008, respectively.  The slide presentation will also be available for download on the Company's website.

Domestic U.S. and International Replay Numbers: (888) 213-1112 and (719) 457-0820
Conference Call Confirmation Code: 4940285

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