Annual Reports

Alliance Oil has today published its annual report for 2009. It is now
available as a pdf on the corporate website, www.allianceoilco.com.

Alliance Oil Company Download section as pdf	Corporate social responsibility Download section as pdf
Corporate Governance Report Download section as pdf	Financial Statements Download section as pdf

Download full report as pdf

For further information please contact:

Arsen Idrisov, Managing Director, Alliance Oil Company, Tel.: +7 495 777 18 08
Eric Forss, Chairman, Alliance Oil Company, Tel.: +46 8 613 00 85

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 526 million barrels, oil production of approximately
42,400 barrels per day, refining capacity of 70,000 barrels per day and a
network of gas stations and wholesale oil products terminals. Alliance Oil's
depository receipts are traded on the Nasdaq OMX Nordic under the symbol AOIL.