Moscow and New York (May 18, 2009) - 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.