Last day of trading in Alliance Oil's SDRs on NASDAQ OMX Stockholm on December 16, 2013

On December 2, 2013, the Special General Meeting resolved to approve Alliance
Group's acquisition of Alliance Oil Company by way of amalgamation. Pursuant to
the resolution by the Special General Meeting, Alliance Oil applied to delist
its Swedish Depository Receipts over ordinary and preference shares ("SDRs")
from NASDAQ OMX Stockholm. NASDAQ OMX Stockholm has now resolved that the last
day of trading in Alliance Oil's SDRs will be on December 16, 2013.

The time for payment of the amalgamation consideration will be announced later
this week.

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 8 611 49 90

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
substantial oil and gas reserves 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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