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.
Summary from the Special General Meeting in West Siberian Resources
| Source: Alliance Oil Company Ltd
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