INFORMATION ABOUT THE CONTINUED ANNUAL GENERAL MEETING IN MALKA OIL AB (PUBL)

The shareholders in Malka Oil AB (publ) (below referred to as the
"Company") are hereby informed that the continued annual general
meeting will be held at 1.00 p.m. on Monday June 15, 2009 at the
offices of the law firm Delphi on Regeringsgatan 30-32 in Stockholm,
Sweden. Registration for the meeting commences at 12.30 p.m.

NOTICE

Shareholders wishing to participate in the meeting must:

(i) be entered in the shareholders' register, kept by Euroclear
Sweden AB (formerly the VPC) (the Swedish Central Securities
Depository & Clearing Organization), no later than Tuesday June 9,
2009.

(ii) notify the Company of their attendance no later than 4.00 p.m.
on Thursday June 11, 2009. Notification can be made via letter to
Malka Oil AB, Birger Jarlsgatan 33, SE-111 45 Stockholm, Sweden; via
telefacsimile +46 (0) 8 5000 78 15; via e-mail at address
agm@malkaoil.se or via telephone +46 (0) 8 5000 78 10. Notification
must include full name, personal ID number or corporate registration
number, address and telephone number and, as applicable, information
about proxy, representative and assistant. The number of assistants
may not be more than two (2). In order to facilitate entry to the
meeting, notification should, where appropriate, be accompanied by
powers of attorney, registration certificates and other authorization
documents.

Shareholders who have their shares registered in the name of a
nominee must, to be able to participate in the meeting, through the
nominee, temporarily register the shares in the shareholders'
register, kept by Euroclear Sweden AB (formerly the VPC), in their
own name. The nominee should be contacted in this matter well ahead
of Tuesday June 9, 2009, when such registration must be executed.


AGENDA PROPOSAL
1. Opening of the meeting
2. Preparation and approval of the voting register
3. Election of chairman of the meeting
4. Approval of the agenda
5. Election of one or two persons to, besides the chairman, attest
the minutes of the meeting
6. Determination of whether the meeting has been duly convened
7. Presentation by the managing director
8. Presentation of the annual report and the auditor's report as well
as of the consolidated accounts and the auditor's report for the
group
9. Resolutions regarding:
a. approval of the profit and loss account and the balance sheet as
well as of the consolidated profit and loss account and the
consolidated balance sheet,
b. allocation of the Company's profits and losses in accordance with
the adopted balance sheet, and
c. discharge from liability for the members of the board of directors
and the managing director
10. Determination of the number of members of the board of directors
and, if applicable, deputy directors, of the number of auditors and,
if applicable, deputy auditors
11. Determination of the fees payable to the board of directors and
the auditors
12. Election of members of the board of directors and, if applicable,
deputy directors, election of chairman of the board of directors as
well as of auditors and, if applicable, deputy auditors
13. Closure of the meeting

Accounting information and auditors' reports (items 8-9) will be held
available at the Company's office at Birger Jarlsgatan 33, SE-111 45
Stockholm, from and including Monday June 1, 2009, and will be sent
in connection therewith to the shareholders who so requests and state
their postal address. All of the abovementioned documents will also
be presented at the meeting.

Item 9 b. Allocation of the Company's results

The board of directors and the managing director proposes that the
Company's accumulated losses are brought forward in new account and
that no dividend shall be made for the financial year.

Item 10-12. Election of directors of the board etc.

At the present time the Company has no nomination committee and the
board of directors has at the time of this press release to attend
not received any information of any other proposal regarding these
items on the agenda.


At the time of the press release to attend, the total number of
shares and votes in the Company amounts to 4 026 589 880.



                         Stockholm, May 2009

The Board of Directors


For further information, please contact:
Fredrik Svinhufvud, Managing Director Malka Oil, tel +46 8 5000 7811,
mobile +46 708 708 708
Mats Gabrielsson, Chairman of the Board of Directors, mobile +46
70 775 83 20


For further information on Malka Oil AB, see the website
www.malkaoil.se

Malka Oil AB (publ) is an independent oil and gas production  company
operating in  the  Tomsk  region  in  western  Siberia.  Its  current
position consists of oil and gas  assets for licence block number  87
in the  said  region.  The  block  has  a  surface  of  1,800  square
kilometres. There  are  currently three  oil  fields at  the  licence
block, namely Zapadno-Luginetskoye ("ZL"), Lower Luginetskoye  ("LL")
and the Schinginskoye oil  field, and a large  quantity of other  not
yet drilled oil structures.
The ZL and LL oil fields are  in production and these two oil  fields
have during 2007 went through  reserve classification by the  Russian
State Committee of Reserves  (GKZ) and during  spring 2008 a  Western
reserve study made  by DeGolyer and  MacNaughton. The GKZ  registered
extractable oil and condensate reserves  in the categories C1 and  C2
amounted to 97 million barrels at the end of 2007. The company's  own
estimate of its extractable oil  and condensate reserves, C1+ C2,  in
the three existing oil fields on licence block number 87 is currently
140-190 million barrels.  The Western reserve study estimation as  of
April 30, 2008 amounted to 43.5  million barrels 2P and 90.6  million
barrels 3P oil reserves.
Malka Oil's licence block is surrounded by a large number of
producing oil and gas fields.

Reasonable caution notice: The statement and assumptions made in  the
company's information  regarding  Malka Oil  AB's  ("Malka")  current
plans, prognoses, strategies, concepts and other statements that  are
not historical facts are estimations or "forward looking  statements"
concerning  Malka's  future   activities.  Such  future   estimations
comprise but are not limited to statements that include words such as
"may   occur",   "concerning",   "plans",   "expects",   "estimates",
"believes", "evaluates",  "prognosticates"  or  similar  expressions.
Such expressions reflect the  management of Malka's expectations  and
assumptions made on the basis of information available at that  time.
These statements and  assumptions are  subject to a  large number  of
risks and uncertainties. These, in  their turn, comprise but are  not
limited  to  i)  changes  in  the  financial,  legal  and   political
environment of the  countries in which  Malka conducts business,  ii)
changes  in  the  available  geological  information  concerning  the
company's  projects   in   operation,  iii)   Malka's   capacity   to
continuously  guarantee   sufficient  financing   to  perform   their
activities as a "going concern", iv) the success of all  participants
in the group, or of the various interested companies, joint  ventures
or secondary alliances,  v) changes  in currency  exchange rates,  in
particular those relating to the RUR/USD rate. Due to the  background
of  the   many   risks  and   uncertainties   that  exist   for   any
oil-prospecting venture  and oil  production company  in its  initial
stage, Malka's actual  future development  may significantly  deviate
from that indicated  in the company's  informative statements.  Malka
assumes no implicit liability to  immediately update any such  future
evaluations.