uncategorized · 5/18/2005

Syndication of Neste Oil´s 1.5 billion euro credit facility completed

Neste Oil Corporation 
Press Release 
18 May 2005 at 8.30 am EET

Neste Oil completed yesterday 17 May 2005 the syndication of its EUR 1.5 billion 5-year revolving credit facility with two one-year extension options after year one and year two. The facility was signed in March 2005. All twenty banks, who were originally invited, decided to participate in the transaction.

Mandated Lead Arrangers are Barclays Capital, BNP Paribas, Citigroup, Nordea and SEB.

Neste Oil Corporation is a leading independent northern European oil refining and marketing company focused on high-quality traffic fuels and other high value-added petroleum products with reduced environmental impact.

Neste Oil Corporation
Osmo Kammonen
Senior Vice President, Communications

Further information:
Mr Petri Pentti, CFO, tel. + 358 10 4584490
Mr Heikki Saarinen, Group Treasurer, tel. + 358 10 4584440