OREANDA-NEWS. January 24, 2012. 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 2012 is due on 11 April 2012.

Update for the second quarter of 2012 is due on 10 July 2012.

Update for the third quarter of 2012 is 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 2011 will be available on Alliance

Oil's corporate web site in the middle of April 2012.