Amsterdam (April 19, 2013) - "VimpelCom Ltd" ("VimpelCom", "Company" or "Group") (NYSE: VIP),  a leading global provider of telecommunications services, today announces that Elena Shmatova, Group Director of Business Control, Development and M&A, has decided to leave the VimpelCom Group to explore new opportunities outside the Company. Elena started her career with OJSC VimpelCom in 1999 in Moscow when she joined in the position of Financial Controller. In 2003, she was promoted to Chief Financial Officer and from 2005 to 2010 she served as Executive Vice President and CFO. In June 2010 Elena was appointed the General Director of OJSC VimpelCom and Member of the VimpelCom Management Board.  In this capacity she led and managed the Russia Business Unit until December 2011. In January 2012, she joined the Finance team in Amsterdam in the role of Group Director Business Control, Development and M&A.  Faaiz Hasan has been appointed to lead VimpelCom's M&A function and Business Control will continue with its current management team, reporting to the Group CFO.

Jo Lunder, VimpelCom Group CEO, commented: "I would like to thank Elena for her commitment to VimpelCom over many years and in many different roles. She has been a key player in VimpelCom's development into the company it is today. We will miss her contribution and wish her all the best in the future."