Amsterdam and New York (September 6, 2011) – VimpelCom Ltd. (“VimpelCom” or the “Company”) (NYSE: VIP),a leading international provider of telecommunications services, announces that its Supervisory Board declared the payment of an interim dividend of US$0.45 per American depositary share (“ADS”) in relation to its 2011 results.  Each ADS represents one common share.  The total interim dividend payment will be approximately US$733 million. 
The record date for the Company’s shareholders entitled to receive the interim dividend has been set for December 1, 2011.  The ex-dividend date is November 29, 2011.  The Company will make appropriate tax withholdings of up to 15% when the dividend is paid to the Company’s ADS depositary, The Bank of New York Mellon.  The dividend will be paid by the Company before December 31, 2011.