Mediamax News Agency, Armenia
June 29 2007

`VimpelCom’ refutes the statements on `non-official promotion’ of its
brand in Armenia

Yerevan, June 29 /Mediamax/. Executive Vice-President of `VimpelCom’
OJSC on Business Development in CIS States Dmitri Pleskonos stated in
Yerevan today that `we are a perfectly legal company and we are not
involved in non-official promotion of anything in Armenia’.

Mediamax reports that Dmitri Pleskonos said this, commenting on
certain publications, according to which `VimpelCom’ is allegedly
involved in `discourteous promotion of its `Beeline’ brand in
Armenia.

`We know the Armenian `Bi Line’ Company and we are holding
corresponding talks with it. The given talks will be continued’,
Vice-President of `VimpelCom’ stated.

Dmitri Pleskonos stressed that `VimpelCom’ from the very beginning
was not planning to change the brand of the fixed subdivision of
`ArmenTel’.

`This is a well-known brand, almost the whole population of the
country knows it, and it is more than convenient for us’, he noted.

`I do not know where the fuss around the Armenian `Bi Line’ Company
comes from, but I can say that if we do not come to an agreement with
them on the joint use of the brand, the situation will not become
critical for us, as we very much like the `ArmenTel’ brand’, Dmitri
Pleskonos stated.

General Director of `ArmenTel’ Oleg Bliznyuk expressed opinion that
the mentioned publications `are of artificial character, as we do not
have any real problems of that kind’.

Dmitri Pleskonos also noted that `we do not promote `Beeline’ brand
in Armenia, but we are the owners of the given brand in 6 countries,
and it is natural that we talk about our brand’.

`And the most important is that first of all we have to learn to
present products and services, which correspond to the level of the
brand’, Vice-President of `VimpelCom’ OJSC concluded.

From: Emil Lazarian | Ararat NewsPress