Acceptance of Terms

Welcome to the VimpelCom.com web site. VimpelCom Ltd. (together with its subsidiaries, "VimpelCom"), makes information available to you on this web site subject to the following terms. PLEASE READ THEM CAREFULLY. By accessing, browsing or using this web site, you agree to be bound by the terms described herein and all documents, policies and guidelines incorporated by reference. If you do not agree to these terms, you may not use this web site.

Privacy

VimpelCom believes strongly in protecting user privacy and providing you notice of VimpelCom's collection and use of data, including personally identifying information, collected for this web site. Please review our Privacy Policy, which also governs your visit to this web site, to learn about our practices.

Use of this Web Site

VimpelCom grants you a limited license to access and make personal and noncommercial use of this web site. You may not download (other than page caching) or modify it, or any portion of it, except with the express written consent of VimpelCom. This web site or any portion of this web site may not be reproduced, duplicated, copied, sold, resold, visited or otherwise exploited for any commercial purpose without the express written consent of VimpelCom. You may not use the trademark, logo or other proprietary information (including images, text, page layout or form) of VimpelCom without our express written consent. Any unauthorized use of this web site terminates the permission or license granted to you by VimpelCom.

To the extent VimpelCom has the right to do so without compensation to third parties, and except for materials or information specifically provided under other terms, VimpelCom grants you permission to display and electronically copy, download and print hard copy information and materials (including related graphics) contained on the web site, provided:

1. The materials are for internal, noncommercial use only; and

2. You do not modify or delete any copyright, trademark or other proprietary notice.

Documents posted by VimpelCom on this web site may contain other proprietary notices or describe other products, services, processes or technologies owned by VimpelCom or third parties. Nothing contained herein shall be construed by implication, estoppels or otherwise as granting to the user a license under any copyright, trademark, patent or other intellectual property right of VimpelCom or any third party.

Copyright

All content on this web site, such as text, graphics, logos, button icons, images and audio clips, is the property of VimpelCom or its content suppliers. Unless specifically permitted, no portion of this web site may be distributed or reproduced by any means, in any form, without VimpelCom's express written consent.

Copyright Notice

© 2002-2010 VimpelCom Ltd.,  Strawinskylaan 3051, 1077 ZX, Amsterdam, the Netherlands. All rights reserved.

Trademarks

VimpelCom's product and service names, including, but not limited to, the Beeline, BeeOffice, BeePay, BeeInfo, BeeOnLine, Djuice, K-Mobile, Kyivstar, DJuice and EXCESS, design marks and slogans are registered and unregistered trademarks and service marks and may not be copied, imitated or used, in whole or in part, without the express written consent of VimpelCom. VimpelCom's trademarks may be used publicly only with the express written consent of VimpelCom and may not be used in connection with any product or service that is not VimpelCom's, in any matter that may cause confusion among customers, or in any manner that disparages or discredits VimpelCom. Fair use of VimpelCom's trademarks in advertising and promotion of VimpelCom and its products and services requires proper acknowledgement by VimpelCom.

Disclaimer

VIMPELCOM MAKES NO WARRANTIES OR REPRESENTATIONS ABOUT THE ACCURACY OR COMPLETENESS OF THIS WEB SITE'S CONTENT. THIS WEB SITE AND THE MATERIALS, INFORMATION AND SERVICES IN THIS WEB SITE, INCLUDING, WITHOUT LIMITATION, TEXT, GRAPHICS AND LINKS, ARE PROVIDED "AS IS" AND WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, VIMPELCOM DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, FREEDOM FROM COMPUTER VIRUS AND WARRANTIES ARISING FROM COURSE OF DEALING OR COURSE OF PERFORMANCE. VIMPELCOM DOES NOT REPRESENT OR WARRANT THAT THE FUNCTIONS CONTAINED IN THE WEB SITE WILL BE UNINTERRUPTED, ERROR-FREE OR FREE FROM UNAUTHORIZED ACCESS (INCLUDING THIRD-PARTY HACKERS OR DENIAL OF SERVICE ATTACKS), THAT DEFECTS WILL BE CORRECTED OR THAT THIS WEB SITE OR THE SERVER(S) THAT MAKE THE WEB SITE AVAILABLE ARE FREE OF INFECTION OR VIRUSES, WORMS, TROJAN HORSES OR OTHER CODE THAT MANIFESTS CONTAMINATING OR DESTRUCTIVE PROPERTIES. VIMPELCOM DOES NOT MAKE ANY WARRANTIES OR REPRESENTATIONS REGARDING THE USE OF THE MATERIALS IN THIS WEB SITE IN TERMS OF THEIR COMPLETENESS, CORRECTNESS, ACCURACY, ADEQUACY, USEFULNESS, TIMELINESS, RELIABILITY OR OTHERWISE. IN ADDITION TO THE ABOVE, YOU (AND NOT VIMPELCOM) ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION.
IN CERTAIN JURISDICTIONS AND STATES, THE LAW MAY NOT PERMIT THE DISCLAIMER OF WARRANTIES, SO THE ABOVE DISCLAIMER MAY NOT APPLY TO YOU.

Limitation of Liability

IN NO EVENT SHALL VIMPELCOM BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES OR ANY DAMAGES WHATSOEVER, EVEN IF VIMPELCOM HAS BEEN PREVIOUSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN AN ACTION UNDER CONTRACT, NEGLIGENCE, OR ANY OTHER THEORY, ARISING OUT OF OR IN CONNECTION WITH THE USE, INABILITY TO USE, OR PERFORMANCE OF THE INFORMATION, SERVICES, PRODUCTS, AND MATERIALS AVAILABLE FROM THIS WEB SITE. THESE LIMITATIONS SHALL APPLY NOTWITHSTANDING ANY FAILURE OF ESSENTIAL PURPOSE OF ANY LIMITED REMEDY. BECAUSE SOME JURISDICTIONS AND STATES DO NOT ALLOW LIMITATIONS ON HOW LONG AN IMPLIED WARRANTY LASTS, OR THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU.

Indemnification

You agree to indemnify, defend and hold harmless VimpelCom, its officers, directors, employees, agents, licensors, suppliers and any third party information providers to the web site from and against all losses, expenses, damages and costs, including reasonable attorneys' fees and court costs, resulting from any violation of these terms of use (including, but not limited to, negligent or wrongful conduct) by you. VimpelCom reserves the right, at its own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you will cooperate with VimpelCom in asserting any available defenses.

Linking

Linking to this Web Site

You are granted a limited, nonexclusive right to create a hypertext link to the homepage of this web site, provided such link does not portray VimpelCom or any of its products and services in a false, misleading, derogatory or otherwise defamatory manner. You may not use a VimpelCom logo or other proprietary graphic or trademark of VimpelCom to link to the web site without our express written consent. This limited right may be revoked at any time.

Third-Party Links

This web site may provide access to other Internet sites. VimpelCom does not control these web sites and you access them solely at your own risk. VimpelCom is providing these links to you only as a convenience, and the inclusion of any link does not imply affiliation, endorsement or adoption by VimpelCom of the web site or any information contained therein. When leaving the VimpelCom web site, you should be aware that VimpelCom's terms and policies no longer govern and, therefore, visitors to any third party web sites are urged and expected to abide by the terms of use and privacy policies of that particular third party web site.

Financial Material Disclosure

Forward-Looking Statements

This web site contains "forward-looking statements" as this 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 are not historical facts and can often be identified by the use of terms like "estimates," "projects," "anticipates," "expects," "intends," "believes," "will," "may," "should" or the negative of these terms. All forward-looking statements, including discussions of strategy, plans, objectives, goals and future events or performance, involve risks and uncertainties. Forward-looking statements include but are not limited to statements made as to our future operations, costs, capital expenditures and cash flow; our expansion plans and projections; our ability to successfully challenge suits, including lawsuits and tax disputes; future plans regarding our subscriber base, new products and services and tariff structures; risks associated with the telecommunications industry and operating in Russia, the Commonwealth of Independent States and other emerging markets; and other statements regarding matters that are not historical facts. These forward-looking statements are based on our current expectations. Known and unknown internal and external risks and uncertainties may cause the actual results to be materially different from those expressed or implied by the forward-looking statements. The information contained in the most recent Registration Statement and Form 20-F filed by VimpelCom with the United States Securities and Exchange Commission (“SEC”), including information contained under the sections captioned "Operating and Financial Review and Prospects" and "Risk Factors," as well as in other VimpelCom filings and submissions with the SEC, identifies important factors that could cause actual results to differ from those contemplated by forward-looking statements. VimpelCom undertakes no obligation to update forward-looking statements to reflect events or circumstances that occur after the date the statements were made.

VimpelCom Securities

We are not providing investment advice through this web site, and the material on the web site should not be regarded as an offer to sell, or a solicitation of an offer to buy, any securities of VimpelCom. If you decide to use any material available on the web site in assessing whether to buy or sell securities of VimpelCom, please be aware that the material on the web site reflects past performance and historical information only and that such performance and information is not necessarily an indication of future performance.

Press Releases and Presentations

The information contained within VimpelCom's press releases and presentations should not be deemed accurate or current except as of the date of each press release and presentation. VimpelCom has no intention of updating, and specifically disclaims any duty to update, the information in its press releases and presentations. To the extent any information therein is forward-looking, it is intended to fit within the safe harbor for forward-looking statements, and is subject to material risk.

Modification or Termination of Web Site and Terms of Use

By providing material on this web site, VimpelCom does not promise that the materials will remain available to you. VimpelCom is entitled to terminate all or any portion of this web site at any time and without notice to you. VimpelCom also reserves the right to change the terms, conditions, and notices under which this web site is offered, and your use of the web site following any such changes shall be deemed to constitute your consent to such modified terms of use. You agree to regularly review these terms of use to verify whether they have been changed.

Miscellaneous

Severability

If any provision of these terms of use is unlawful, void or for any reason unenforceable, then that provision shall be deemed severable from these terms and shall not affect the validity and enforceability of any remaining provisions.

Other

VimpelCom's failure to insist upon or enforce strict performance of any provision of this agreement shall not be construed as a waiver of any provision or right. Neither the course of conduct between the parties nor trade practice shall act to modify any provision of these terms. VimpelCom may assign its rights and duties under this agreement to any party at any time without notice to you.