Neste Oyj - Tender offer

Neste issues EUR 400 million bond

Neste Corporation
Stock Exchange Release
31 May 2017 at 7.30 pm. (EET)
Neste issues EUR 400 million bond

NOT  FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN  WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY,  IN OR INTO THE UNITED  STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN,
NEW  ZEALAND,  SOUTH  AFRICA  OR  SUCH  OTHER  COUNTRIES  OR  OTHERWISE  IN SUCH
CIRCUMSTANCES  IN WHICH THE OFFERING OF THE NOTES OR THE RELEASE, PUBLICATION OR
DISTRIBUTION WOULD BE UNLAWFUL.

Neste  Corporation  issues  a  EUR  400 million  bond. The 7-year bond carries a
coupon  of 1.500 per  cent. The  bond offering  was allocated  to 136 investors.
Neste Corporation will apply for the listing of the bond on Nasdaq Helsinki Ltd.

The  proceeds from  the issue  will be  used for  the partial  repurchase of the
existing  EUR 400 million notes due 2019 and  the existing EUR 500 million notes
due  2022. BNP Paribas, ING Bank  N.V. and Nordea Bank  AB (publ) acted as joint
lead managers for the transaction.

For more information, please contact:

Mika Rydman, Vice President and Group Treasurer, Neste, tel. +358 10 458 4710
Olli Kivi, Manager, Corporate Finance, Group Treasury, Neste, tel.
+358 10 458 4683

Neste in brief

Neste  (NESTE, Nasdaq  Helsinki) creates  sustainable choices  for the  needs of
transport,  businesses and consumers. Our global  range of products and services
allows  customers  to  lower  their  carbon  footprint by combining high-quality
renewable products and oil products to tailor-made service solutions. We are the
world's  largest producer of  renewable diesel refined  from waste and residues,
and  we  are  also  bringing  renewable  solutions  to the aviation and plastics
industries.  We  want  to  be  a  reliable  partner,  whose  expertise,  R&D and
sustainable  practices are widely respected. In 2016, Neste's net sales stood at
EUR 11.7 billion, and we were on the Global 100 list of the 100 most sustainable
companies in the world. Read more: neste.com/en

Important Information

The   information   contained   herein   is  not  for  release,  publication  or
distribution, in whole or in part, directly or indirectly, in or into the United
States,  Australia, Canada, Hong Kong, Japan,  New Zealand, South Africa or such
other  countries  or  otherwise  in  such  circumstances  in  which the release,
publication  or distribution would be unlawful. The information contained herein
does not constitute an offer to sell or the solicitation of an offer to buy, nor
shall  there be any sale of, the notes  in any jurisdiction in which such offer,
solicitation  or sale  would be  unlawful prior  to registration, exemption from
registration   or   qualification   under   the  securities  laws  of  any  such
jurisdiction.

This  communication does not constitute  an offer of securities  for sale in the
United States. The notes have not been and will not be registered under the U.S.
Securities  Act  of  1933, as  amended  (the  "Securities  Act")  or  under  the
applicable  securities laws  of any  state of  the United  States and may not be
offered  or sold, directly or indirectly, within the United States or to, or for
the  account  or  benefit  of,  U.S.  persons  except  pursuant to an applicable
exemption   from,   or  in  a  transaction  not  subject  to,  the  registration
requirements of the Securities Act.

This  communication does not constitute  an offer of notes  to the public in the
United Kingdom. No prospectus has been or will be approved in the United Kingdom
in  respect of the  notes. Consequently, this  communication is directed only at
(i)  persons  who  are  outside  the  United  Kingdom,  (ii)  persons  who  have
professional  experience  in  matters  relating  to  investments  falling within
Article   19(5) of  the  Financial  Services  and  Markets  Act  2000 (Financial
Promotion)  Order  2005 (the  "Order"),  (iii)  high  net worth entities falling
within Article 49(2) of the Order and (iv) other persons to whom it may lawfully
be  communicated  (all  such  persons  together  being  referred to as "relevant
persons").  In addition,  this communication  is, in  any event only directed at
persons  who  are  "qualified  investors"  pursuant  to the Prospectus Directive
(2003/71/EC,  as amended). Any  investment activity to  which this communication
relates  will only  be available  to, and  will only  be engaged  with, relevant
persons.  Any person who is not a relevant person should not act or rely on this
document or any of its contents.


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