The new Board of Directors of VimpelCom consists of:

• David J. Haines (Chairman of the Board of Directors of VimpelCom since July 2005, CEO of GROHE Water Technology)
• Mikhail M. Fridman (Chairman of the Supervisory Board of the Consortium Alfa Group, a director of VimpelCom since July 2001)
• Arve Johansen (Senior Executive Vice President of Telenor, a director of VimpelCom since June 2003)
• Jo Lunder (Chief Executive Officer of Ementor ASA, a director of VimpelCom since May 2002 and formerly served as the CEO of VimpelCom and Chairman of the Board of Directors)
• Oleg A. Malis (Vice President of Altimo, a new director of VimpelCom)
• Leonid R. Novoselsky (General Director of OOO GK Gradient, a new director of VimpelCom)
• Alexey M. Reznikovich (CEO of Altimo, a director of VimpelCom since May 2002)
• Fridtjof Rusten (Senior Vice President of Telenor, a director of VimpelCom since June 2005)
• Henrik Torgersen (Executive Vice-President of Telenor, a director of VimpelCom since January 1999)