Neste Oil Corporation 
Stock Exchange Release 
13 October 2009 at 8 am (EET) 
 
PRESS RELEASE: Neste Oil Completes Its Statutory Employer-Employee Negotiations 
 
Neste Oil has completed the statutory employer-employee negotiations 
covering the Finnish-based personnel employed by Neste Oil and its 
subsidiaries. These negotiations began on 5 August 2009. 
 
As a result of the negotiations, Neste Oil's personnel in Finland 
will be reduced by a total of 351. Of these, around 240 people will 
leave the company through voluntary retirement. Neste Oil will offer 
outplacement services to those 111 persons also affected. A number of 
temporary layoffs will take place at Neste Jacobs as well; the exact 
number of these has yet to be finalized. In addition, majority of 
temporary jobs will end as these contracts expire. 
 
The reductions will be implemented immediately, beginning in October 
2009. The last job losses related to these reductions will take place 
during 2010. Temporary layoffs will be made on a phased basis during 
2009 and 2010. 
 
The measures decided on are the result of Neste Oil's need to adapt 
its cost structure to the changes that have taken place in the market 
situation, its lower level of profitability, and the requirements of 
its new operating model. Personnel-related measures will save the 
company EUR 30 million in annual fixed costs. 
 
When the negotiations were started, Neste Oil anticipated that 450 
people would be affected. Neste Oil currently employs approximately 
5,300 people, of which around 4,000 are based in Finland. 
 
 
Neste Oil Corporation 
 
Hanna Maula 
Director, Corporate Communications 
 
Matti Lievonen, President & CEO, tel. +358 (0)10 458 11 
Hannele Jakosuo-Jansson, Senior Vice President, Human Resources, tel. 
+358 (0)10 458 4688 
Osmo Kammonen, Senior Vice President, Communications, Marketing and 
Public Affairs, tel. +358 (0)50 458 4885 
 
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 and have a 
combined crude oil refining capacity of approx. 260,000 barrels a 
day. The company had net sales of EUR 15 billion in 2008 and employs 
around 5,300 people. Neste Oil's share is listed on the NASDAQ OMX 
Helsinki. 
 
Neste Oil has been selected into the Dow Jones Sustainability World 
Index and awarded 'Best in Class' recognition for its social 
accountability by Storebrand. The company is also featured in the 
Ethibel Pioneer Investment Register and included in Innovest's Global 
100 list of the world's most sustainable corporations. Further 
information: 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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