Alliance Oil schedules conference call to discuss refinery modernization

Alliance Oil Company Ltd
Company Announcement

Alliance Oil schedules conference call to discuss refinery modernization

Alliance Oil Company Ltd will publish an update regarding the ongoing
modernization of the Khabarovsk refinery on Monday October 1, 2012 in the
morning. The Company has scheduled a conference call at 10.00 CET on Monday
October 1, 2012. The conference call will be hosted by Arsen Idrisov, CEO, who
will discuss the modernization. 

To participate in the conference call you may choose one of the following
options: 

Web

The conference will be webcasted live at Alliance Oil’s website
www.allianceoilco.com. 

Telephone

Dial one of the following numbers a few minutes before the conference starts:

Location                              Local Number                     
Toll-Free 
Russia                                  +7 495 580 9543
Sweden                                +46 8505 20278                    0200
125 058 
United Kingdom                  +44 20 7190 1596                 0800 358 5271

Conference ID: 4566960

A replay of the conference will be available at www.allianceoilco.com.



For further information:

Pavel Kim, Head of Investor relations, tel. +7 495 777 18 08, ext 1056

Jakob Sintring, Investor Relations, tel. +46 8 611 49 95



Also visit www.allianceoilco.com



Alliance Oil Company Ltd is a leading independent oil company with vertically
integrated operations in Russia and Kazakhstan. Alliance Oil has proved and
probable oil reserves of 648 million barrels and downstream operations that
include the Khabarovsk refinery and the leading network of gas stations and
wholesale oil products terminals in the Russian Far East. Alliance Oil's
depository receipts are traded on the NASDAQ OMX Nordic under the symbol AOIL.

Alliance Oil Company Ltd.

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Alliance Oil schedules conference call to discuss refinery modernization