OREANDA-NEWS. August 23, 2007. 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 2007 financial and operating results on Thursday, August 30, 2007, at 6:30 p.m. Moscow time (10:30 a.m. ET). The conference call will be hosted by Alexander Izosimov, Chief Executive Officer. He will be joined by Elena Shmatova, Chief Financial Officer, Nikolay Pryanishnikov, Executive Vice President – General Director, Russia; and Kent McNeley, Chief Marketing Officer. The press release announcing the Company’s second quarter 2007 financial results will be available on the Company's web site, located at http://www.vimpelcom.com, prior to the conference call.

The Company's management will discuss its second quarter 2007 results during a conference call and slide presentation. The call and slide presentation may be accessed via webcast at the following URL address http://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 27, 2007.

The VimpelCom Group includes companies operating in Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armenia. The VimpelCom Group's GSM and 3G license portfolio covers a territory with a population of about 250 million. This includes the entire territories of Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and Armenia. 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".