VimpelCom is a global telecommunications powerhouse, one of the largest and most profitable mobile operators in the world serving 199 million subscribers across 19 countries.

Leading Global Telecommunications Player

VimpelCom Ltd. has acquired scale and scope to become a premiere global player in a consolidating telecommunications industry.

VimpelCom Ltd. will leverage its financial strength and enhanced expertise to explore expansion opportunities in markets where we see significant value creation potential. When considering future opportunities we will employ a disciplined business strategy focused on organic growth. We will only consider acquisition of operating companies designed to maximize our return on capital employed and enhance our shareholder returns.

Diverse and Balanced Portfolio

VimpelCom Ltd’s diverse and balanced portfolio is designed to produce sustainable cash generation via strong exposure to dynamic sources of growth in both developed and emerging markets.

In the Russia and Ukraine business units VimpelCom Ltd. is focused on markets with high penetration of services, but low consumption, especially in the data segment.

In the CIS and Asia & Africa business units VimpelCom Ltd. is focused on markets with relatively low penetration and consumption and strong potential for growth going forward.

In Italy VimpelCom Ltd. will lead in terms of managerial know-how as it represents the most developed market generating stable cash flows, but still substantial potential for growth, especially in data services.

In Canada VimpelCom Ltd. will expand its start-up operations within this lucrative market.

Optimal Capital Structure

VimpelCom Ltd.’s balanced and robust growth profile generates diversified revenues, cash flows and currency bases that will allow VimpelCom Ltd. to optimize its capital structure going forward and position the Company to capture significant opportunities in mobile data, access global capital and acquire human talent.

Today, VimpelCom Ltd. possesses robust cash flow generation potential, enhanced access to global capital markets, improved credit rating potential and a lower cost of capital to continue executing on its growth strategy over the longer term.

Financial Strength and Stability

VimpelCom Ltd.’s financial strength will allow it to grow effectively in both emerging and developed markets.

The distinct financial and market characteristics of the Company’s business units offer unmatched opportunities for both value creation and value protection as VimpelCom Ltd.’s business continues to strengthen.

VimpelCom Ltd.’s well-balanced business portfolio is comprised of emerging and developed business at different stages of the cash generation cycle. This financial stability allows VimeplCom Ltd. to re-deploy cash to drive growth through developing markets and technology opportunities.

Centralized Corporate Structure

VimpelCom’s centralized structure is designed to support the strategic initiatives of the Company and its individual business units, while maintaining a lean and flexible structure focused on delivering shareholder returns.

Leading Positions in Mature and Emerging Markets

As industry consolidation accelerates, VimpelCom Ltd. expects winning telecom operators to be diversified, integrated global companies with leading positions in both mature and emerging markets equipped with tools to take advantage of the imminent growth in data services. This is the position VimpelCom Ltd. benefits from today and the rationale for our confidence going forward.