Arsen Idrisov appointed new Managing Director for West Siberian Resources Ltd

The Board of Directors of West Siberian Resources Ltd has appointed Arsen       
Idrisov, 37, to become the new Managing Director of West Siberian Resources. He 
is currently a member of the Board of Directors of West Siberian Resources, and 
will take up his new position as of November 1, 2008. Maxim Barski will remain a
board member focusing on business development.                                  

Arsen Idrisov is a Russian citizen and has over 15 years of experience from the 
oil and gas industry. He has been a member of West Siberian Resources' Board of 
Directors since May 2008.                                                       

West Siberian Resources' Chairman, Eric Forss states: “Having completed the     
first step of the merger process, West Siberian has found a highly skilled      
manager in Arsen Idrisov, to lead the company in the next development phase.    
Arsen Idrisov is a recognized business leader and he brings extensive experience
from the oil and gas industry, in particular the downstream businesses which in 
the light of today's economic turmoil is of increasing importance for the       
company's profitability.                                                        

“Maxim Barski has been the Managing Director of West Siberian for more than four
years. We are greatly in his debt for the transformations he has brought about  
over the last years. With the successful merger with Alliance Oil, creating a   
leading independent oil business with vertically integrated operations in Russia
and Kazakhstan, Maxim has been a major force in shaping the company to what it  
is today. Arsen will continue to expand West Siberian current business and      
realizing new business opportunities”, ends Eric Forss.                         

"I'm delighted to get this opportunity from the board to lead the company as a  
Managing Director. I do support the current strategy and see opportunities for  
further growth. My immediate priorities will be to successfully complete the    
integration, secure efficiency in our existing operation and guide the company  
through the current business environment.”, says Arsen Idrisov, incoming        
Managing Director                                                               

“It has been a privilege to lead such a great business. I leave with a real     
sense of pride in what has been achieved, but also great confidence in the      
company's ability to pursue the opportunities that lie ahead. I believe that now
is exactly the right time to pass on the baton. This will give me the           
opportunity to focus on finding new growth opportunities”, comments Maxim       
Barski.                                                                         

West Siberian Resources Ltd. discloses the information in this press release in 
accordance with the Swedish Securities Market Act and/or the Swedish Financial  
Trading Act. The information was provided for public disclosure on 30 October   
2008                                                                            

For further information:                                                        
Eric Forss, Chairman, West Siberian Resources Ltd., tel. +46 8 613 00 85 or +46 
705 23 86 62                                                                    

Also visit www.westsiberian.com                                                 

West Siberian is a leading independent oil company with vertically integrated   
operations in Russia and Kazakhstan.  West Siberian Resources has proved and    
probable oil reserves of 489 million barrels, a production of more than 51,000  
barrels per day, refining capacity of 70,000 barrels per day and a network of   
256 gas stations and 24 wholesale oil terminals. West Siberian's depository     
receipts are traded on the OMX Nordic Exchange Stockholm under the symbol WSIB. 


Note to the editor                                                              

Arsen Idrisov was born in 1970 and is a Russian citizen. Member of the board of 
directors of West Siberian Reources since May 2008.                             

Mr. Idrisov graduated with Honors from the Russian Economic Academy named after 
G. V. Plekhanov in 1993 after majoring in international economic relations. In  
1992-1993 studied in Otto Beisheim School of Management/WHU (Vallendar, Germany)
and had training with Marquard & Bahls AG and with Deutsche Shell AG. Between   
1993 and 1997 he held a number of senior positions in international trading     
business including a Swiss trading company LIA OIL S.A., Russian oil major      
SIDANCO. In 1998, Mr. Idrisov became the general director of Alliance Capital   
Investment Company and joined the board of directors of Alliance Group. Since   
2002, he has served as a vice-president for corporate finance at Alliance Group.
In 2001, he was elected to serve on the board of directors of Alliance Oil      
Company. Mr. Idrisov was President/CEO of the Alliance Oil Company from 2002    
until July 2006. Within this period the Alliance Oil advanced to top 50 Russian 
largest companies. He has been a member of the Board of Directors of Alliance   
Oil Company since its establishment and has served as the Chairman of its Board 
of Directors since July 2006. Chairman of the Supervisory Board of Alliance Oil 
Company Ukraine LLC, Chairman of the Board of Finprombank JSB, member of the    
Board Cicerone Holding B.V. (JV with Shell Overseas Investments B.V.).