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VimpelCom Appoints New CTO

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AMSTERDAM -- "VimpelCom Ltd." ("VimpelCom", "Company" or "Group") (NASDAQ: VIP) a leading global provider of telecommunications services, today announces the appointment of Yogesh Malik as Group Chief Technology Officer, with immediate effect. Yogesh has also been appointed a member of the Group Executive Board and the Group Management Board.

Commenting on the appointment Jo Lunder, CEO of VimpelCom Ltd., said: "I am very pleased to welcome Yogesh Malik to our team. Yogesh is a highly experienced manager and technology leader with a track record of success in both mature and emerging markets, including in Bangladesh and Ukraine."

Before joining VimpelCom Yogesh Malik was the Chief Executive Officer of Uninor, an Indian mobile network operator majority owned by the Telenor Group. In Uninor he held a variety of senior positions from 2010 to 2013. Prior to his appointment as CEO, Yogesh led the Uninor operations as COO covering the areas of Technology, Regulatory and Customer care.

VimpelCom Ltd. (NYSE: VIP)

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