Good News from Wed, 21 March, 2012:

Encouraging test results for Neste Oil renewable aviation fuel

neste oil Neste Oil and Lufthansa tested renewable aviation fuel on more than 1,000 flights. Neste Oil and Lufthansa tested renewable aviation fuel on more than 1,000 flights.

The refining and marketing company Neste Oil is satisfied with results of renewable aviation fuel trial. Neste Oil and German carrier Lufthansa tested Neste Oil’s renewable aviation fuel on a total of 1,187 flights - both domestic and intercontinental. The two companies were analysing factors such as fuel quality, aircraft performance and fuel storability during the flights.

According to a Neste Oil press release, the extensive tests carried out during the trial showed that the aircraft and their engines performed excellently. Also usage of renewable fuel resulted in one percent lower fuel consumption compared to regular fossil jet fuel, thanks to the higher energy content of renewable aviation fuel.

We are extremely satisfied with the results of the trial. We will continue to work closely with Lufthansa and other stakeholders to commercialize the fuel, as we believe that it will offer interesting business opportunities in the future, comments Matti Lehmus, Neste Oil's Executive Vice President, Oil Products and Renewables.

The first commercial long-term use of aviation biofuel with more than 1,000 consecutive flights demonstrated that Neste Oil's renewable aviation fuel is ready for use in daily aircraft operation, says Joachim Buse, Lufthansa's Vice President, Biofuel.

www.nesteoil.com

MM