Alliance Oil Company Ltd has today published the notice of the Annual General Meeting (AGM) for 2010. The AGM will be held on May 27, 2010 at 4 pm at the Stockholm Concert Hall (The Grünewald Hall), in Stockholm, Sweden. The complete notice, which includes proposals to the AGM, is attached to this release and posted on Alliance Oil Company's website, www.allianceoilco.com. For further information please contact: Eric Forss, Chairman, Alliance Oil Company, Tel.: +46 8 613 00 85 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, oil production of approximately 42,400 barrels per day, 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.