VimpelCom's Shareholders Re-Elect Board

MOSCOW and NEW YORK, June 10 /PRNewswire-FirstCall/ -- Open Joint Stock
Company "Vimpel-Communications" ("VimpelCom" or the "Company") (NYSE: VIP),
announced that at its Annual General Shareholders Meeting (AGSM) held today in
Moscow shareholders approved all agenda items and elected a new Board of
Directors. Holders of approximately 80.99% of the Company's shares were
represented at the AGSM. The composition of the Board of Directors did not
change. For more information about the Company's Board of Directors, please
see VimpelCom's web site, www.vimpelcom.com, in the "People/Directors"
section. Alexey Reznikovich was re-elected as the Chairman of the Board of
Directors at a Board meeting held following the AGSM.

VimpelCom will submit a copy of the voting results of the AGSM under separate
cover of Form 6-K to the U.S. Securities and Exchange Commission and the New
York Stock Exchange. An electronic copy of the voting results of the AGSM
will be available for review on VimpelCom's web site, www.vimpelcom.com, in
the "General Shareholders Meeting" section.

The VimpelCom Group consists of telecommunications operators providing voice
and data services through a range of mobile, fixed and broadband technologies.
The Group includes companies operating in Russia, Kazakhstan, Ukraine,
Uzbekistan, Tajikistan, Georgia, Armenia, as well as Vietnam and Cambodia, in
territories with a total population of about 340 million. The Group companies
provide services under the "Beeline" brand. 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".

SOURCE Vimpel-Communications

Alexey Subbotin, VimpelCom, +7-495-910-5977, Investor_Relations@vimpelcom.com;
or Mateo Millett, FD, +1-617-897-1533, mateo.millett@fdashtonpartners.com