Dear Shareholder,

It is a pleasure to invite you to the 2006 Annual General Meeting of Shareholders based on 2005 results (“AGM”) of Open Joint Stock Company “Vimpel-Communications” (“VimpelCom” or the “Company”). Pursuant to Protocol No. 2 of the Board of Directors of VimpelCom (the “Board”) dated April 7, 2005, the AGM will be held on Friday, June 23, 2006, at 10:00 (Moscow time) at the following address: 10, Ulitsa 8 Marta, Building 14, Moscow, Russian Federation. The AGM shall be held in the form of a meeting (voting may be effected by completed voting ballots sent to VimpelCom). The registration start time is 9:00 (Moscow time) at the same address. Shareholders may report breaches of the registration procedure to the CEO and General Director of the Company. Shareholders of record as of the close of the Company’s registrar’s business (Moscow time) on May 5, 2006 (the “Shareholders”) shall be eligible to participate in and vote at the AGM.

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