VimpelCom accepts Mikhail Slobodin’s resignation

Amsterdam (5 September 2016) - VimpelCom Ltd. (NASDAQ: VIP) today announces that it has accepted the resignation of Mikhail Slobodin, Chief Executive Officer (CEO) of VimpelCom Russia (Beeline), with immediate effect, following today's news regarding Mikhail Slobodin and his prior employer, T Plus.

Kjell Johnsen, Head of Major Markets, will lead VimpelCom’s business in Russia with immediate effect. Kjell has extensive experience in the country and will continue to drive the company’s transformation forward. Kjell Johnsen joined VimpelCom to lead VimpelCom’s Major Markets in August 2016 and has international expertise in senior roles across a variety of industries, with responsibility for markets such as Russia, Scandinavia, and Central and Eastern Europe.

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