Neste Oil Oyj

Neste Oil Oyj (HEL:NES1V) Mr. Ilkka Salonen, M.Sc. Econ, age 43, has been appointed Neste Oil's new Chief Financial Officer and a member of the Neste Oil Executive Team. He will join Neste Oil on 1 February 2009 at the latest. Ilkka Salonen will take responsibility for corporate control and accounting, treasury, investor relations, corporate IT, mergers and acquisitions and joint ventures, corporate risk management and Neste Oil business services. He joins Neste Oil from Pohjola Bank, where he currently holds the position of CFO.

Neste Oil Oyj (HEL:NES1V) The following persons have been appointed to Neste Oil AGM's Nomination Committee: Jarmo Väisänen, Senior Financial Counsellor, Prime Minister's Office; Timo Ritakallio, Deputy CEO, Ilmarinen Mutual Pension Insurance Company; and Risto Murto, Chief Investment Officer, Varma Mutual Pension Insurance Company. The Chairman of Neste Oil's Board of Directors Timo Peltola serves as the Committee's expert member.

Neste Oil Oyj (HEL:NES1V) Today Neste Oil has won Hart Energy's 2008 Global Energy and Environmental Excellence Award in Alternative Fuels category. These awards recognize companies who, through innovation and technology, have made significant progress towards solving global energy challenges. Winners were selected by a panel, which is an invitation-only group comprised of 100 industry leaders in sustainable energy solutions from across the globe.

Neste Oil Oyj (HEL:NES1V) - Comparable operating profit increased and was EUR 199 million in the third quarter

Neste Oil Oyj (HEL:NES1V) Neste Oil will publish financial reports in 2009 as follows:

Neste Oil Oyj (HEL:NES1V) Neste Oil will publish financial reports in 2009 as follows:

Neste Oil Oyj (HEL:NES1V) Neste Oil will publish its third quarter 2008 results on Friday, 24 October 2008 at approximately 9 am (EET). The release will be available on the Neste Oil website immediately after publishing.

Neste Oil Oyj (HEL:NES1V) Neste Oil has been accepted again into the Dow Jones Sustainability World Index, which features 320 companies from 24 countries that excel in their commitment to a more sustainable future.

Neste Oil Oyj (HEL:NES1V) Neste Oil Corporation's Board of Directors has appointed Matti Lievonen (age 49) as the company's new President & CEO. He will take over on 1 December 2008. Neste Oil's current President & CEO, Risto Rinne (58), will leave his position for health reasons and retire.

Neste Oil Oyj (HEL:NES1V) Neste Oil has clarified its claims against YIT Industrial and Network Services as totaling some EUR 107 million in a contract dispute that was put before the Court of Arbitration in April this year. As reported in April, Neste Oil's claims against YIT consist of damages based on contract delays, now specified at approximately EUR 38.5 million, and damages valued at some EUR 68.5 million resulting from subsequent lost production.