Alliance Oil Company Ltd plans to present the following information in 2012:

Quarterly reports
Twelve months report (January - December 2011) is due on 22 February 2012.
Three months report (January - March 2012) is due on 22 May 2012. (New date)
Six months report (January - June 2012) is due on 21 August 2012.
Nine months report (January - September 2012) is due on 21 November 2012.

Operational updates
Update for the first quarter of 2012is due on 11 April 2012.
Update for the second quarter of 2012is due on 10 July 2012.
Update for the third quarter of 2012is due on 9 October 2012.

Annual General Meeting (New date)
The annual general meeting of the shareholders will be held in Stockholm on May
22, 2012. The date of the annual general meeting has been changed from the
previously announced May 16.

Annual Report
The annual report for the financial year of 2011will be available on Alliance
Oil's corporate web site in the middle of April 2012.

For further information:
Pavel Kim, Head of Investor relations, tel. +7 495 777 1808, ext 1056
Jakob Sintring, Investor Relations, tel. +46 8 611 49 95

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 638million 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.

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