Neste Oil is hosting a Capital Markets Day today, September 29, in 
Porvoo and Helsinki. Participants will be given an overview of the 
company's operations, prospects, and capital projects. A tour of the 
Porvoo refinery in the morning will cover areas such as R&D, refinery 
operations, and refining prospects. Production Line 4, Porvoo's new 
diesel unit, is now operating normally following the completion, 
slightly ahead of schedule, of repairs after a fire at the beginning 
of August. 
 
The afternoon program will cover topical issues such as the 
profitability of Neste Oil's key growth business, renewable fuels, 
and the company's cost structure and capital investments. 
 
The main message of the Capital Markets Day is that Neste Oil remains 
fully committed to its clean traffic fuel strategy. Its financial 
targets also remain unchanged: a ROACE of at least 15% annually, a 
leverage ratio of 25-50%, and dividend policy, which calls for a 
payout equivalent to at least a third of comparable net profit. 
 
Renewable fuels 
 
Neste Oil is continuing to move ahead with its two largest capital 
projects, in Singapore and Rotterdam. The company presents its 
profitability model for NExBTL renewable diesel, which is based on 
annual average costs of the two plants at Porvoo and those in 
Singapore and Rotterdam when all are operational and running 
normally. Using these cost assumptions and actual end-product and raw 
material prices, the margin on NExBTL renewable diesel after fixed 
costs would have been approximately USD 225/t for the twelve months 
from July 2008 to June 2009. 
 
Investments 
 
The company expects its investments to account for around EUR 890 
million of expenditure this year and around EUR 920 million in 2010. 
The figure for 2010 includes a scheduled major maintenance turnaround 
at the Porvoo refinery. Investment expenditure is expected to be some 
EUR 350 million in 2011. 
 
Costs 
 
Neste Oil projects that its fixed costs will be approx. EUR 630 
million in 2009. Fixed costs in 2008 totaled EUR 679 million, of 
which Oil Products accounted for EUR 417 million, Renewable Fuels EUR 
38 million, Oil Retail EUR 135 million, and Others EUR 89 million. 
 
Capital Markets Day presentations also covered production costs at 
the company's refineries. These totaled EUR 445 million, or USD 
5.9/bbl, in 2008. Costs during the first quarter of 2009 were EUR 84 
million or USD 4.1/bbl, and EUR 105 million or USD 5.5/bbl during the 
second quarter. 
 
All presentation material in English will be available at 
www.nesteoil.com at around 9.00 am EET. 
 
People not present at the event will be able to follow the afternoon 
program from 1.00 pm EET by logging on to 
http://qsb.webcast.fi/n/nesteoil/nesteoil_2009_0929_cmd/. 
 
Neste Oil Corporation 
Hanna Maula 
Director, Corporation Communications 
 
Further information: Juha Rouhiainen, Director, Investor Relations, 
tel. +358 (0)50 458 5132 
Neste Oil in brief 
 
Neste Oil Corporation is a refining and marketing company 
concentrating on low-emission, high-quality traffic fuels. The 
company is the world's leading supplier of renewable diesel. Neste 
Oil's refineries are located in Porvoo and Naantali in Finland and 
have a combined crude oil refining capacity of approx. 260,000 bbl/d. 
The company had net sales of EUR 15 billion in 2008 and employs 
around 5,300 people. Neste Oil's share is listed on NASDAQ OMX 
Helsinki. 
 
Neste Oil is included in the Dow Jones Sustainability World Index and 
the Ethibel Pioneer Investment Register. The company has also been 
awarded 'Best in Class' recognition for its social accountability by 
Storebrand and is included in Innovest's Global 100 list of the 
world's most sustainable corporations. For further information, see 
www.nesteoil.com. 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
 
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