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February 13, 2006

CyberPlat® - Leader in Reception of Payments from "Beeline" Subscribers

OJSC "VympelCom" ("Beeline" trademark) has awarded the CyberPlat® payment system with a certificate recognizing it as the "Absolute leader in gross volume of payments received from "Beeline" subscribers in communication shops and independent retail shops in 2005".

OJSC "Vympel Communications" is one of the leading telecommunications companies in Russia and CIS. Since 1993 "VympelCom" have been providing services of cellular communication under the "Beeline" brand. Over 40 million people in Russia, Kazakhstan and Ukraine use the operator's services. Additional "Beeline" services include SMS and MMS, mobile Internet, informational and entertaining resources and many others.

CyberPlat®, the first Russian universal multibank payment system, making payments to communication operators, Internet, satellite and cable television providers, payment for housing and communal services and power supply, has been operating in the electronic payment market for 8 years. The turnover of CyberPlat® in 2005 was more than 32 billion rubles (1 billion and 120 million US dollars).

CyberPlat® is an old "VympelCom" partner. It is to "Beeline" that the first online CyberPlat® payment was made in 1998 for the cell communication services. During many years CyberPlat® was becoming the leader in payments received on behalf of "VympelCom". Mutually beneficial cooperation of the two companies still continues developing. According to the 2005 results, CyberPlat® has been acknowledged again as the biggest "Beeline" partner among payment systems.

"We are pleased that "VympelCom" and CyberPlat® partnership started back in 1998 is still getting stronger and giving new results. I'm sure that this year we will be able to enlarge the "Beeline" payments because of our new engineering developments, expansion of payment offices network and improvement of system reliability, - Andrey Gribov, Director General of the CyberPlat® payment system comments.

OJSC "Vympel Communications"
The "VympelCom" group of companies include cellular operators operating in Russia and Kazakhstan as well as newly acquired cellular operators in Ukraine, Tajikistan and Uzbekistan. Cellular communication licenses of the "VympelCom" group of companies cover the territory with nearly 232 million residents - 78 regions of Russia where 94% of the population of the country live (136.5 million people) as well as the whole territory of Kazakhstan and Ukraine, Tajikistan and Uzbekistan. "VympelCom" is the first Russian company included into the New York Stock Exchange listing (NYSE). The company's shares are rated in NYSE as VIP.

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