Amsterdam (April 19, 2013) - “VimpelCom Ltd” (“VimpelCom” or “Group”) (NYSE: VIP),a leading global provider of telecommunications services, announced today that it has sold its entire indirect stake in Sotelco Ltd. in Cambodia to its local partner, Mr. Huot Vanthan.

Jo Lunder, Chief Executive Officer of VimpelCom, commented: “We have previously outlined our Value Agenda within which our operations are reviewed to assess their future value to the Group. The decision to sell our interest in Cambodia is a result of this process.  We are happy that our long term partner in the company now takes control of the business in Cambodia.”