uncategorized · 10/30/2006

Neste Oil closes transaction of 73 traffic station properties

Neste Oil Corporation  
Press Release
30 October 2006 at 15:30 pm EET

Neste Oil has closed the transaction concerning the sale of 73 traffic station properties in Finland to an international investment company. The transaction was valued at EUR 118 million, and the company expects to book a capital gain of approximately EUR 65 million on the sale in its full-year result. The transaction was originally announced on 16 October 2006. The sale will not impact the operations of the Neste stations in question.

Neste Oil Corporation
Osmo Kammonen
Senior Vice President, Communications

Neste Oil Corporation is a refining and marketing company focusing on advanced, clean traffic fuels. The company's strategic focus is to grow in both oil refining and advanced biodiesel production. Neste Oil's refineries are located in Porvoo and Naantali in Finland, and have a total refining capacity of approx. 250,000 bbl/d. The company employs around 4,600 people. Neste Oil is listed on the Helsinki Stock Exchange (symbol: NES1V). For further information, see