Neste Corporation Considers Issuance of New Notes and Announces Tender Offers of its Outstanding Notes Maturing in September 2019 and March 2022 - Seite 2

The offer period begins on 18 May 2017 and expires at 4:00 p.m. (Finnish time) on 30 May 2017. The indicative tender offer results will be announced on 31 May 2017. The pricing date and pricing time of the 2022 Tender Offer will be on 31 May 2017 at or around 12:00 p.m. (Finnish time), and the final tender offer results and completion date will be announced as soon as feasible after the pricing time on or about 31 May 2017. The settlement date is expected to be 7 June 2017 and will in no case be later than 16 June 2017, subject to the completion of the issue of the New Notes.

A noteholder that wishes to subscribe for New Notes in addition to tendering Notes for cash pursuant to the Tender Offers may receive priority in the allocation of the New Notes (the "New Issue Allocation"). The New Issue Allocation may be given for an aggregate nominal amount of New Notes up to the aggregate nominal amount of Notes subject to a noteholder's valid tender instruction, where an allocation of New Notes is also requested. Such tender instruction must relate to a minimum of EUR 100,000 in aggregate nominal amount of Notes in order to comply with the minimum subscription amount of the New Notes. Noteholders should contact the Dealer Manager to obtain its unique reference number in respect of the New Issue Allocation.

If any noteholder wishes to subscribe for New Notes it must make an application to subscribe for such New Notes to any of the Joint Lead Managers of the New Notes. Nordea Bank AB (publ), BNP Paribas and ING Bank N.V act as Joint Lead Managers for the issue of the New Notes.

Nordea Bank AB (publ) acts as Dealer Manager and Nordea Bank AB (publ), Finnish Branch acts as Tender Agent for the Tender Offers. Information in respect of the Tender Offers may be obtained from the Dealer Manager: email: [e-mail] / tel: [phone].

For more information, please contact:

Mika Rydman, Vice President and Group Treasurer, Neste, tel. [phone]
Olli Kivi, Manager, Corporate Finance, Group Treasury, Neste, tel. [phone]

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