Attachments A, B and C present, respectively, definitions for certain terms used in this press release, the condensed consolidated financial statements of VimpelCom and tables with relevant reconciliations of non-U.S. GAAP financial measures to their most directly comparable U.S. GAAP financial measures. Selected financial and operating results are also reported for each of the countries where VimpelCom operates.

Financial and Operating Highlights

• Net operating revenues reached $1,121.5 million, a year-on-year increase of 45.7%.
• OIBDA reached $561.6 million, a year-on-year increase of 42.0%.
• OIBDA margin was 50.1%.
• Net income totaled $194.9 million, a year-on-year increase of 22.7%.
• Operating cash flow was $431.9 million, a year-on-year increase of 35.7%.
• Approximately 51.9 million subscribers as of September 1, 2006 including 4.4 million subscribers in the CIS outside of Russia
• Strong growth and improved subscriber market share in Kazakhstan.
• Solid growth in Ukraine after launch of the Beeline brand in April 2006.

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