Interest Payable on Nexen's 7.35% Subordinated Notes

Nexen has announced the regular quarterly interest payment on its 7.35% Subordinated Notes due 2043 of US $0.459375 per note, payable August 1, 2009, to note holders of record on July 15, 2009.

The notes are listed for trading on the TSX: NXY.PR.U and the NYSE: NXYPRB.