OREANDA-NEWS. March 4, 2008. Open Joint Stock Company “Vimpel-Communications” (“VimpelCom” or the “Company”) (NYSE: VIP) announced today that it will webcast its conference call on its fourth quarter and twelve month 2007 financial and operating results on Wednesday, March 12, 2008, at 6:30 p.m. Moscow time (11:30 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 fourth quarter and twelve month 2007 financial and operating 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 fourth quarter and twelve month 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.