Amsterdam (26 August 2016) - VimpelCom Ltd. (NASDAQ: VIP), a leading global provider of telecommunications and digital services headquartered in Amsterdam and serving over 200 million customers, is pleased to announce it has extended the contract of Mikhail Slobodin, Chief Executive Officer (CEO) VimpelCom Russia, to the end of August 2019.

Mikhail Slobodin joined VimpelCom to lead VimpelCom's Beeline operation in Russia in 2013 after holding key positions in the oil and gas industry.

Kjell Morten Johnsen, VimpelCom Head of Major Markets, said: 'We are pleased to continue to have Mikhail on board as he leads the digital change and transformation of our business in Russia over the coming years. Mikhail has led from the front in demonstrating the change that Beeline is undergoing in Russia and his leadership and deep market knowledge will continue to underpin and serve our business well in this highly competitive market.'

About VimpelCom

VimpelCom (NASDAQ: VIP) is an international communications and technology company, headquartered in Amsterdam, and driven by a vision to unlock new opportunities for customers as they navigate the digital world. Present in some of the world's most dynamic markets, VimpelCom provides more than 200 million customers with voice, fixed broadband, data and digital services. VimpelCom's heritage as a pioneer in technology is the driving force behind a major transformation focused on bringing the digital world to each and every customer. VimpelCom offers services to customers in 14 markets including Russia, Italy, Algeria, Pakistan, Uzbekistan, Kazakhstan, Ukraine, Bangladesh, Kyrgyzstan, Tajikistan, Armenia, Georgia, Laos, and Zimbabwe. VimpelCom, whose licenses cover 10% of the world's population, operates under the 'Beeline', 'WIND', 'Djezzy', 'Mobilink', 'Kyivstar', 'banglalink' and 'Telecel' brands. Follow us on Twitter @VimpelCom, visit blog.vimpelcom.com or visit our website www.vimpelcom.com

Contact information

Media and Public Relations

VimpelCom Ltd.

Neil Moorhouse

Tel: +31 20 79 77 200 (Amsterdam)

Investor Relations

VimpelCom Ltd.

Bart Morselt

Tel: +31 20 79 77 200 (Amsterdam)

VimpelCom Ltd. published this content on 26 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 August 2016 13:09:07 UTC.

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