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Press release from PR Newswire

VimpelCom shareholders elect Supervisory Board

Monday, July 28, 2014

VimpelCom shareholders elect Supervisory Board

08:35 EDT Monday, July 28, 2014

AMSTERDAM, July 28, 2014 /PRNewswire/ -- "VimpelCom Ltd."("VimpelCom", "Company" or "Group") (NASDAQ: VIP), a leading global provider of telecommunications services, announces that VimpelCom shareholders approved all agenda items at its Annual General Meeting of Shareholders (AGM) held today in Amsterdam.

In particular, the Company's shareholders elected the 9 members of the Supervisory Board, out of 11 nominees. The new Board consists of the following members: Jon Fredrik Baksaas, Mikhail Fridman, Andrei Gusev, Sir Julian Horn-Smith, Kjell Morten Johnsen, Leonid Novoselsky, Alexey Reznikovich, Ole Bjorn Sjulstad and Trond O Westlie.

The Resolution to appoint PricewaterhouseCoopers Accountants NV as the Company's auditor was also approved.

Holders of approximately 93.4% of the Company's shares were represented at the AGM.

For more information about the Company's Supervisory Board and related biographies, please see VimpelCom's web site www.vimpelcom.com in the "Corporate Profile/Leadership" section.

About VimpelCom

VimpelCom is one of the world's largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, 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 754 million people. As of March 31, 2014 VimpelCom had 218 million mobile customers. VimpelCom Ltd. is headquartered in Amsterdam, the Netherlands, and listed as ADS on the NASDAQ Global Stock Market under the symbol "VIP". For more information visit: http://www.vimpelcom.com.

SOURCE VimpelCom Ltd.

For further information: Investor Relations, VimpelCom Ltd., Gerbrand Nijman, ir@vimpelcom.com, Tel: +31 20 79 77 200 (Amsterdam); Media and Public Relations; VimpelCom Ltd., Bobby Leach/Artem Minaev, pr@vimpelcom.com, Tel: +31 20 79 77 200 (Amsterdam)

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