The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from PR Newswire

VimpelCom Announces Payment of an Interim Dividend

Tuesday, September 06, 2011

VimpelCom Announces Payment of an Interim Dividend09:30 EDT Tuesday, September 06, 2011AMSTERDAM and NEW YORK, Sept. 6, 2011 /PRNewswire/ -- VimpelCom Ltd. ("VimpelCom" or the "Company") (NYSE: VIP), a leading international provider of telecommunications services, announces that its Supervisory Board declared the payment of an interim dividend of US$0.45 per American depositary share ("ADS") in relation to its 2011 results.  Each ADS represents one common share.  The total interim dividend payment will be approximately US$733 million.  The record date for the Company's shareholders entitled to receive the interim dividend has been set for December 1, 2011.  The ex-dividend date is November 29, 2011.  The Company will make appropriate tax withholdings of up to 15% when the dividend is paid to the Company's ADS depositary, The Bank of New York Mellon. The dividend will be paid by the Company before December 31, 2011.About VimpelComVimpelCom is one of the world's largest integrated telecommunications services operators offering a wide range of wireless, fixed, and broadband services in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Vietnam, Cambodia, Laos, Algeria, Bangladesh, Pakistan, Burundi, Zimbabwe, Central African Republic and Canada.  VimpelCom's operations around the globe cover territory with a total population of approximately 868 million people.  VimpelCom provides services under the "Beeline", "Kyivstar", "djuice", "Wind", "Infostrada" "Mobilink", "Leo", "banglalink", "Telecel", and "Djezzy" brands. As of March 31, 2011 VimpelCom had pro forma 186 million mobile subscribers. VimpelCom is traded on the New York Stock Exchange under the symbol (VIP). For more information visit: www.vimpelcom.comSOURCE VimpelCom Ltd.For further information: Investor Relations: Gerbrand Nijman, VimpelCom, +31 (0)20 79 77 200 (Amsterdam), Investor_Relations@vimpelcom.com; or Media and Public Relations: Elena Prokhorova, VimpelCom, +7(495) 725-0708 (Moscow), pr@vimpelcom.com