Neste Oil's Capital Markets Day in London: Enhancing competitiveness and creating growth


Neste Oil Corporation
Stock Exchange Release
11 September 2014 at 2 p.m. (EET)

Neste Oil's Capital Markets Day in London: Enhancing competitiveness and
creating growth

Neste Oil is holding a Capital Markets Day in London today, 11 September,
featuring presentations by senior management on subjects such as the company's
strategy, goals, and recent business developments.

Strategy

Neste Oil's strategy is based on a vision of being the preferred partner for
cleaner traffic solutions. Neste Oil wants to be the Baltic Sea downstream
champion and grow in global renewable feedstock-based markets.

It will achieve its goals by focusing on its customers and understanding their
needs, continually improving its operations, and exploiting new business
opportunities. Growth will come from both existing and emerging businesses.

Neste Oil is targeting a strong cash flow to enable it to invest in improving
productivity and growth, reduce its debt, and ensure stable dividends.

Oil Products

The aim of the Oil Products business area is to be the Baltic Sea champion in
refining and increase its additional refining margin. The goal is to increase
this margin to at least USD 5/bbl. To achieve this, Neste Oil intends improving
its performance in production, particularly refinery availability, broadening
the flexibility of its feedstock base, developing its refining assets, and
strengthening its customer offering and market position.

Renewable Products

The Renewable Products business area is focused on feedstock flexibility,
growing its productivity, and maximizing the value of its products.

The capacity of Neste Oil's renewable diesel refineries will rise to 2.3 million
t/a by the end of 2014 through various efficiency enhancement and optimization
measures. The goal is to further increase capacity to 2.6 million t/a without
making any major additional investments. The aim is also to reduce renewable
diesel production costs from USD 200/t to USD 175/t with units running at full
capacity.

The range of feedstocks used will be further extended, particularly in the area
of waste and residues. The aim is to have the capability to use 100% waste and
residues by 2017.

The NEXBTL product family will be extended into completely new applications
outside traffic fuels. Production of biopropane will start in Rotterdam in
2016, generating new business from one of the refinery's sidestreams.

New businesses

Neste Oil intends extending business activities based on its NEXBTL technology
utilizing renewable feedstock. There are a number of new potential NEXBTL
product applications like renewable lubricants, solvents, and plastics.

Drop-in products produced from renewable inputs that can replace existing
conventional equivalents are seen as having a lot of market potential. Neste Oil
is looking at the most interesting alternatives and end-product areas likely to
offer the greatest added value. New NEXBTL applications are expected to develop
into a significant business by the end of the decade.

Financial targets

Neste Oil's most important financial targets are leverage and ROACE. The
leverage target is 25-50% and the ROACE target 15%.

Neste Oil's dividend policy is to distribute at least one third of the company's
comparable net profit for the year in the form of dividends.

CMD presentation material in English will be available at
www.nesteoil.com/investors from around 2.30 p.m. (EET) onwards.

The event can also be followed online at www.nesteoil.com from 2.30 p.m. (EET)
onwards.

A replay will be available after the event at www.nesteoil.com/investors.

Neste Oil Corporation

Osmo Kammonen
Senior Vice President, Communications and Brand Marketing

Further information:
Jyrki Mäki-Kala, CFO, tel. +358 10 458 4098

Neste Oil in brief

Neste Oil Corporation is a refining and marketing company concentrating on low-
emission, high-quality traffic fuels. The company produces a comprehensive range
of major petroleum products and is the world's leading supplier of renewable
diesel. Neste Oil had net sales of EUR 17.5 billion in 2013 and employs around
5,000 people, and is listed on NASDAQ OMX Helsinki.

Neste Oil is included in the Dow Jones Sustainability World Index, and has
featured in The Global 100 list of the world's most sustainable corporations for
many years. Forest Footprint Disclosure (FFD) has ranked Neste Oil as one of the
best performers in the oil & gas sector. Further information:
http://www.nesteoil.com


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