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August 2, 2004

BeeLine Clients in Ekaterinburg received a new service, allowing them to replenish their accounts by cash payments in official BeeLine dealer outlets.

Payments to client's accounts are accepted in real time and without commission through CyberPlat® payment system, which is the leader on the Russian market of online payments. The whole procedure consists of filling in a special form, paying money to the cashier and getting a receipt. Money transfer to the client's account takes just a few seconds. Transaction security is guaranteed by both sides' electronic signatures.

Today the new system is used by several tenths of dealer outlets throughout Yekaterinburg, and their number is supposed to grow dramatically in the near future. The service should also be available in other cities of Sverdlovsk region, where BeeLine GSM network is developing actively.

Clients with all tariff plans can enjoy the service. It makes payments and expense control easier, with clients able to add any amount to their accounts - says Commercial Director of BeeLine GSM Yekaterinburg branch Sergey Durov. All BeeLine GSM clients will still be able to use plastic cards and Beepay system.

Payments through CyberPlat® are more convenient for BeeLine GSM customers in Yekaterinburg and Sverdlovsk region. We consider the Urals region as the most promising market for developing our business - says CyberPlat®.Com Executive Director Vladimir Kuznetsov.

OJSC VympelCom
OAO VympelCom is Russia's leading cellular operator, working under the BeeLine trade mark - one of the best known brands in Russia. Vympelcom's operating licenses cover around 92% of Russia's territory (134 million people), including Moscow, Moscow region and Saint-Petersburg. VympelCom became the first Russian company to get on NYSE list. Company's NYSE symbol is VIP. VympelCom's convertible debentures are quoted as VIP-05.

LLC Vostok-Zapad Telecom
This is a 100% subsidiary of OAO Vympelcom. Its license covers Sverdlovsk, Chelyabinsk, Tyumen, Kurgan, Perm, Kirov regions, Udmurt and Komi Republics, Yamalo-Nenets, Khanty-Mansijsk and Komi-Permyatski Autonomous Districts.

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