Alliance Oil Company's preliminary average daily oil and gas production for
October 2013 amounted to 66,278barrels of oil equivalent (boepd)[1]. In
October 2013 preliminary average refining volumes at the Khabarovsk refinery
amounted to 101,051barrels of oil per day (bpd).

October preliminary operating results: 


  Upstream    Boepd
 ------------------


    Oil      51,642Gas      14,636Production  66,278Sales    67,264
 Downstream    Bpd
 -------------------


  Refining   101,051Sales     92,833

Third quarter 2013 financial results will be disclosed on November 21, 2013.
Upstream and downstream production data for November 2013 will be disclosed on
December 10, 2013.

For further information please contact:

Arsen Idrisov, Managing Director, Alliance Oil Company, Tel.: +7 495 777 18 08

Eric Forss, Chairman, Alliance Oil Company, Tel.: +46 8 611 49 90

 [1]In October 2013, 60,478boepd constituted consolidated production and 5,800boepd constituted equity interests.

Alliance Oil Company Ltd is a leading independent oil and gas company with
vertically integrated operations in Russia and Kazakhstan. Alliance Oil has
substantial oil and gas reserves and downstream operations that include the
Khabarovsk refinery and the leading network of gas stations and wholesale oil
products terminals in the Russian Far East. Alliance Oil's depository receipts
are traded on the NASDAQ OMX Nordic under the symbol AOIL.

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