VimpelCom accepts Mikhail Slobodin's resignation

AMSTERDAM, Sept. 5, 2016 /PRNewswire/ -- 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.

About VimpelCom
VimpelCom (NASDAQ: VIP) is an international communications and technology company, headquartered in Amsterdam, and driven by a vision to unlock new opportunities for customers as they navigate the digital world. Present in some of the world's most dynamic markets, VimpelCom provides more than 200 million customers with voice, fixed broadband, data and digital services. VimpelCom's heritage as a pioneer in technology is the driving force behind a major transformation focused on bringing the digital world to each and every customer. VimpelCom offers services to customers in 14 markets including Russia, Italy, Algeria, Pakistan, Uzbekistan, Kazakhstan, Ukraine, Bangladesh, Kyrgyzstan, Tajikistan, Armenia, Georgia, Laos, and Zimbabwe. VimpelCom, whose licenses cover 10% of the world's population, operates under the "Beeline", "WIND", "Djezzy", "Mobilink", "Kyivstar", "banglalink" and "Telecel" brands. Follow us on Twitter @VimpelCom, visit blog.vimpelcom.com or visit our website www.vimpelcom.com.

SOURCE VimpelCom Ltd.

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