OREANDA-NEWS. August 18, 2011. Alliance Oil Company Ltd will publish the interim report for the second quarter

and the first half of 2011 on Friday August 19, 2011 at approximately 7:30 CET.

The company has scheduled a conference call at 10.00 CET on Friday August 19.

The conference call will be hosted by Arsen Idrisov, CEO and Angelika Adieva,

CFO who will present the report and recent developments.

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

options:

Telephone

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

from Sweden plus46 8 505 598 53

from Russia plus7 495 745 72 98, pin code: 449299#

from other countries plus44 203 043 24 36

Web

The conference will be webcasted live at Alliance Oil's website

www.allianceoilco.com.

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

For further information:

Pavel Kim, Head of Investor relations, tel plus7 495 777 18 08, ext 1056

Jakob Sintring, Investor Relations, tel. plus46 8 611 49 95