Moscow City Arbitrazh Court adjourns the hearing of the request by Telenor to 3 June, 2009

On May 8, 2009 the judge of the Moscow City Arbitrazh Court adjourned the hearing of the request by Telenor East Invest AS to stay enforcement proceedings commenced by Moscow's bailiff service. Enforcements were commenced under the writ of execution issued by the Omsk court to recover $1.73 billion from Telenor East Invest AS following the action brought by Farimex Products, Inc. (holder of ADRs equal to 0.002% of VimpelCom shares). The case is adjourned to 3 June, 2009 in order to notify VimpelCom about the Court hearings.