Alliance Oil schedules conference call to discuss upstream operations strategy

Alliance Oil Company Ltd
Company Announcement

Alliance Oil schedules conference call to discuss upstream operations strategy

Alliance Oil Company Ltd will publish a strategic update regarding the upstream
operations on Monday December 10, 2012 in the morning. The Company has
scheduled a conference call at 11.00 CET on Monday December 10, 2012. The
conference call will be hosted by Arsen Idrisov, CEO, who will discuss the
upstream operations. 

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                                                                         
   810 8002 198 4011 
Sweden                                +46 8505 20278                    0200
125 058 
United Kingdom                    +44 20 7190 1596                 0800 358 5256



Conference ID: 4580239

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 and gas company with
vertically integrated operations in Russia and Kazakhstan. Alliance Oil has
proved and probable reserves of 760 million barrels of oil equivalent and
downstream operations that includes 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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