In accordance with a resolution at the Annual General Meeting in 2010, Alliance
Oil Company Ltd's nomination committee shall be appointed by the four largest
shareholders in the company. The four largest shareholders in Alliance Oil
Company Ltd are Alliance Capital OJSC, Alliance Group OJSC, Daumier Investments
Ltd and Repsol Exploracion S.A.
These four shareholders have appointed the following representatives together
with the company's chairman of the board, to constitute the nomination committee
for the Annual General Meeting 2011:
Carl Svernlöv, Chairman of the nomination committee representing Alliance
Capital OJSC
Andrei Sletov, Representing Alliance Group OJSC
Fred Boling, representing Daumier Investments Ltd
David Haverkamp, representing Repsol Exploracion S.A.
Eric Forss, Chairman of the board Alliance Oil Company Ltd
The Nominating Committee shall present a proposal for election of the Board of
Directors as well as related questions for adoption at the Annual Shareholders'
Meeting and complete the tasks and consider the independence of the Directors as
set out in the Swedish Code of Corporate Governance.
The Annual General Meeting will be held in Stockholm on May 19, 2011.
Shareholders who would like to submit proposals to the Nomination Committee can
do so via e-mail: info@allianceoilco.com or to Advokat Carl Svernlöv, Baker &
McKenzie Advokatbyrå KB, Linnégatan 18, Box 5719, SE-114 87 STOCKHOLM,
carl.svernlov@bakermckenzie.com, not later than March 31, 2011.
For further information:
Carl Svernlöv, Chairman of the nomination committee, phone +46-8-566 177 00
Eric Forss, Chairman, Alliance Oil Company Ltd., phone +46 8 611 49 90
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, 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.
