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13 May 2015

6-K: VimpelCom confirms Italy transaction discussions

Amsterdam (May 13, 2015), VimpelCom Ltd. (“VimpelCom”, “Company” or “Group”) (NASDAQ: VIP), earlier today confirmed that the Company is in discussions with Hutchison regarding a possible equal joint venture between 3 Italia S.p.A. and VimpelCom’s subsidiary WIND Telecomunicazioni S.p.A.  There can be no assurances that an agreement will be signed, and any transaction would be subject to, among other things, achieving satisfactory debt levels and obtaining all required corporate and regulatory approvals.

Disclaimer

This press release contains “forward-looking statements”, as the phrase is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to a possible transaction involving 3 Italia S.p.A. and WIND Telecomunicazioni S.p.A. The forward-looking statements included in this press release are based on management’s best assessments of the current situation. The actual outcome may differ materially from these statements. There can be no assurance that any agreement will be signed, that relevant approvals will be obtained, that any transaction will be completed, or that a transaction, if completed, will produce the expected benefits. Certain factors that could cause actual results to differ materially from those discussed in any forward-looking statements include the risk factors described in VimpelCom’s Annual Report on Form 20-F for the year ended December 31, 2014 and other public filings made by VimpelCom with the U.S. Securities and Exchange Commission, which risk factors are incorporated herein by reference. VimpelCom disclaims any obligation to update developments of these risk factors or to announce publicly any revision to any of the forward-looking statements contained herein, or to make corrections to reflect future events or developments.

About VimpelCom

VimpelCom, headquartered in Amsterdam, is one of the world’s largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies in Russia, Italy, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, Pakistan and Zimbabwe. VimpelCom’s operations around the globe cover territory with a total population of approximately 740 million people. VimpelCom provides services under the "Beeline", "Kyivstar", “WIND”, "Infostrada" “Mobilink”, “banglalink”, “Telecel”, and “Djezzy” brands. As of March 31, 2015 VimpelCom had 218 million mobile customers on a combined basis. VimpelCom is traded on the NASDAQ Global Stock Market under the symbol (VIP). For more information visit: http://www.vimpelcom.com

Contact information

Investor Relations
VimpelCom Ltd.
Gerbrand Nijman/Remco Vergeer
ir@vimpelcom.com
Tel: +31 20 79 77 200 (Amsterdam)

Media and Public Relations
VimpelCom Ltd.
Rozzyn Boy
pr@vimpelcom.com
Tel: +31 20 79 77 200 (Amsterdam)

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