Beeline and Classical Music Development Fund summed up results of cooperation over 2014

Within
the partnership aimed at propaganda of classical music in Armenia and outside,
70 concerts and 26 master classes were organized. Over 15 000 people attended
the concerts of the trio and 150 students and pupils of music schools took part
in master classes.

Members of the Board of Trustees of the Fund,
musicians of Khachaturyan Trio, have already distinguished themselves on
various international stages as well. In 2014, Khachaturyan Trio held a big
concert tour in Russia, Europe and the United States. Each of the musicians of
the trio made a significant contribution to the work with the Fund’s
scholarship holders thus helping pupils of music schools to adopt practices and
skills of the renowned musicians.

"In all times, art has developed mostly owing to
support of philanthropists and benefactors. In the charity projects, Beeline
traditionally pays big attention to art and particularly education of young
talents who managed to continue the good traditions of Armenian classical
music. Today, summing up the results of 2014, we are proud of share the results
of the work and we are happy that our common work will help cultural
development of the younger generation and thus will change our lives for the
better", noted Beeline Armenia CEO Andrey Pyatakhin.

"We appreciate Beeline's attention and desire to
educate younger gifted musicians thus contributing to development of classical
music on the whole", said cellist of the trio Karen Kocharyan.

Beeline has been the permanent partner of Classical
Music Development Fund since 2011.  ArmenTel
CJSC (Beeline brand) is the subsidiary of VimpelCom Group.  The VimpelCom Group consists of
telecommunications operators providing voice and data services through a range
of wireless, fixed ArmenTel CJSC (Beeline brand) is the subsidiary of VimpelCom
Group.  The VimpelCom Group consists of
telecommunications operators providing voice and data services through a range
of wireless, fixed and broadband technologies. The Group includes companies
operating in Russia, Kazakhstan, Ukraine, Uzbekistan, Tajikistan, Georgia and
Armenia as well as Vietnam and Cambodia, in territories with a total population
of about 345 million. The Group companies provide services under the
"Beeline" brand.  VimpelCom
was the first Russian company to list its shares on the New York Stock Exchange
("NYSE").  VimpelCom's ADSs
are listed on the NYSE under the symbol "VIP".