Alliance Oil Company Ltd
NOTICE OF RELEASE OF GUARANTORS
Alliance Oil Company Ltd 30.11.2012 15:00 --------------------------------------------------------------------------- ALLIANCE OIL COMPANY LTD. (the 'Issuer') U.S. $350,000,000 9.875 per cent. Guaranteed Notes due 2015 ISINs: US018760AA67 (Rule 144A) and XS0493579238 (Regulation S) CUSIP: 018760AA6 (Rule 144A) and Common Code: 049357923 (Regulation S) (the ' Notes') In accordance with Condition 4.11.5 of the Notes, notice is given of the release of Open Joint Stock Company Tatnefteotdacha (formerly known as Public Joint Stock Company Tatnefteotdacha) ('TNO') as Guarantor under the Notes and the Trust Deed dated 11 March 2010 constituting the Notes (the 'Trust Deed'). Capitalised terms used in this notice shall have the same meanings given to them in the terms and conditions of the Notes and the Trust Deed. The Issuer confirms that, following the release of TNO as Guarantor, the remaining Guarantors in the aggregate constitute 91% of the Group's consolidated total revenues for the nine month period ended 30 September 2012 and 77% of the Group's consolidated net assets as at 30 September 2012. Accordingly, the conditions for the release of TNO as Guarantor as contained in Condition 4.11.4 of the Notes are met. This notice is given by Alliance Oil Company Ltd. Alliance Oil Company Ltd is a leading independent oil and gas company with vertically integrated operations in Russia and Kazakhstan. Alliance Oil has proved and probable reserves of 760 million barrels of oil equivalent 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. News Source: NASDAQ OMX 30.11.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Alliance Oil Company Ltd Sweden Phone: Fax: E-mail: Internet: ISIN: SE0000739286 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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