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Veon Ltd.

August 19, 2005

VimpelCom to release second quarter 2005 financial and operating results on Thursday, August 25, 2005

Moscow and New York (August 19, 2005) — Open Joint Stock Company "Vimpel-Communications" ("VimpelCom" or the "Company") (NYSE: VIP)announced today that it will webcast its conference call on its second quarter 2005 financial and operating results on Thursday, August 25, 2005, at 6:30 p.m. Moscow time (10:30 a.m. EDT). The conference call will be hosted by Alexander Izosimov, Chief Executive Officer. He will be joined by Elena Shmatova, Chief Financial Officer, Nikolai Pryanishnikov, Executive Vice President and General Director - Regions, Jere Calmes, Executive Vice President - General Director, Moscow and Valery Goldin, Vice President of International and Investor Relations. The press release announcing the Company's second quarter 2005 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 second quarter 2005 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 September 26, 2005.

VimpelCom is a leading international provider of telecommunications services, operating under the "Beeline" brand in Russia and Kazakhstan. In addition, VimpelCom is continuing to use the "K-mobile" and "EXCESS" brands in Kazakhstan. The VimpelCom Group's license portfolio covers approximately 94% of Russia's population (136.5 million people), including the City of Moscow, the Moscow Region and the City of St. Petersburg, as well as the entire territory of Kazakhstan. VimpelCom was the first Russian company to list its shares on the New York Stock Exchange ("NYSE"). VimpelCom's shares are listed on the NYSE under the symbol "VIP".

 

For more information, please contact:

Valery Goldin
VimpelCom (Moscow)
Tel: 7(095) 974-5888
Investor_Relations@VimpelCom.com

 

 

 

Ian Bailey/Michael Polyviou
Financial Dynamics
Tel: 1(212) 850 5600
mpolyviou@fd-us.com

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