Amsterdam (March 31, 2016) - VimpelCom Ltd. (NASDAQ: VIP), the international communications and technology company, that is committed to bringing the digital world to each and every customer, today filed its Annual Report on Form 20-F for the year ended December 31, 2015 (the “Form 20-F”) with the U.S. Securities and Exchange Commission at www.sec.gov. The Form 20-F is also available on the Company’s website at www.vimpelcom.com.

In addition, today VimpelCom published its 2015 Annual Report. The 2015 Annual Report can be accessed at www.vimpelcom.com.

Shareholders may request a hard copy of the Form 20-F, including VimpelCom’s complete audited financial statements for the year ended December 31, 2015, free of charge,  by contacting VimpelCom’s Investor Relations Department at ir@vimpelcom.com.

About VEON

VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services, with the ambition to lead the personal internet revolution for over 235 million customers it currently serves, and many others in the years to come.

Follow us on Twitter @veondigital, visit our blog blog.veon.com or go to our website www.veon.com.

Disclaimer

VEON considers portions of this press release to contain "forward-looking statements", as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of words such as "may", "will", "plan", "should", "expect", "anticipate", "estimate", "continue" or comparable terminology and include statements relating to, among other things, the development of VEON’s compliance function. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. Although VEON believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that such expectations will be achieved. Future events and actual results, financial and otherwise, may differ materially from the results discussed in the forward-looking statements as a result of risks and uncertainties. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events. Furthermore, elements of this release contain, or may contain, "inside information" as defined under the Market Abuse Regulation (EU) No. 596/2014.

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