Neste Oyj - Company Announcement

Neste's Porvoo refinery back in production after major turnaround

Neste Corporation
Stock exchange release
16 June 2015 at 9.00 am (EET)

Neste's Porvoo refinery back in production after major turnaround

Neste's Porvoo refinery is back in production after the scheduled maintenance
turnaround. The refinery start-up proceeded as planned, and normal utilization
should be reached within a few days. Starting in April, the turnaround was the
largest in the history of the refinery, and it will help ensure the refinery's
good performance and safety for the next 4-6 years.

As part of the major turnaround arranged once every five years, the entire
refinery is shut down, equipment is cleaned and inspected, pressure vessels are
inspected, new investments are connected to the processes, and required
preparations are made for connecting known investments. During the turnaround,
approximately 4,500 people from 30 countries worked at the refinery.

The refining markets have been strong during the second quarter. As a result,
and due to slight delays in investment work in some units, the turnaround is
expected to have a negative impact of approximately  EUR 130 million on the Oil
Products segment's comparable operating profit mainly in the second quarter.
Previously, the impact was expected to be approximately EUR 100 million. The
Group's result guidance remains unchanged: the Group's full-year 2015 comparable
operating profit is estimated to remain robust, and to be higher than that
reached in 2014.

Neste Corporation

Kaisa Lipponen
Director, Corporate Communications

Further information: Matti Lehmus, Executive Vice President, Oil Products, tel.
+358 50 458 4072



Neste in brief

Neste is a forerunner in oil refining and renewable solutions. We offer our
customers cleaner traffic solutions and industrial products based on cutting-
edge research. Our sustainable practices have received recognition in the Dow
Jones Sustainability World Index and the Global 100 list of the world's most
sustainable companies. In 2014, our revenue amounted to EUR 15 billion. Neste
shares are listed on NASDAQ Helsinki. Cleaner traffic, energy and life are moved
forward by 5,000 professionals. Learn more at neste.com


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