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Siberian court adjourns hearing of Telenor's appeal to 10 June

(Fornebu, Norway, and Tyumen, Russia - May 26, 2009) On May 26, 2009, the Federal Arbitrazh (Business) Court in Tyumen, Siberia adjourned until 10 June 2009 the court proceedings concerning the appeal by Telenor East Invest AS of a 2 March 2009 ruling by the Appeals Court in Omsk on grounds that third parties were not duly notified. The ruling mandated that $1.73 billion should be collected from Telenor East Invest AS as a result of a claim by Farimex Products Inc., the holder of ADRs equal to 0.002 per cent of VimpelCom shares.