Financial and operational update calendar


Alliance Oil Company Ltd plans to present the following information in 2010 and 
the first half of 2011:                                                         

Quarterly reports                                                               
Third quarter and nine months report (January - September 2010), November 23,
2010 
Fourth quarter and twelve months report (January - December 2010), February 22, 
2011                                                                            
First quarter report (January - March 2011), May 19, 2011                       

Operational updates                                                             
Update for the third quarter 2010, October 7, 2010                              
Update for the fourth quarter 2010, January 18, 2011                            
Update for the first quarter 2011, April 7, 2011                                

Annual General Meeting                                                          
The annual general meeting of the shareholders will be held in Stockholm on May 
19, 2011.                                                                       



For further information:                                                        
Dmitry Tsaregorodtsev, Head of Investor Relations, tel: +7 495 777 18 08 ext    
10-56                                                                           
Jakob Sintring, Investor Relations Sweden, tel. +46 8 585 707 10                

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, 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.

Attachments

aoil_2010-09-29_eng.pdf