Summary from the Special General Meeting in West Siberian Resources


Summary from the Special General Meeting in West Siberian Resources 

West Siberian Resources Ltd's shareholders gathered in Stockholm today for a
Special General Meeting (SGM) to approve the merger with Alliance Oil Company. 

West Siberian Resources' managing director Mr Maxim Barski addressed the SGM and
presented the merger between West Siberian Resources and Alliance Oil, and the
combined companies' progress and future plans. The presentation is attached to
this press release and is also available at www.westsiberian.com together with
the background information for the SGM.

The SGM resolved to (i) to increase the maximum authorized share capital to USD
200,000,000 corresponding to 4,000,000,000 shares, (ii) to approve the merger
with Alliance Oil by issuing 1,783,540,968 shares and 99,682,500 options to the
owners of Alliance Oil, and (iii) authorize the Board of Directors to resolve to
issue new shares etc.



For further information:
Maxim Barski, Managing director, West Siberian Resources Ltd., tel. +7 495 956
48 82
Eric Forss, Chairman, West Siberian Resources Ltd., tel. +46 8 613 00 85

Also visit www.westsiberian.com

West Siberian Resources Ltd is an independent oil company active in Russia. West
Siberian´s depository receipts are traded at the OMX Nordic Exchange Stockholm
under the symbol WSIB. 

Anhänge

03032278.pdf EGM_2008_FINAL.pdf
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