New letter to VimpelCom shareholders

Fornebu

Telenor today found it necessary to send a new letter to VimpelCom shareholders.

This letter addresses the election of a new VimpelCom Board of Directors at the AGM scheduled for 23 June 2006. The full text is available at:

Contact:

Dag Melgaard, Vice President and Chief Press Spokesman Telenor ASA,
tel: +47 901 92 000, email: dag.melgaard@telenor.com