RNS No 2578e
RENAULT CREDIT INTERNATIONAL SA
11th May 1998

RE:    RENAULT CREDIT INTERNATIONAL SA BANQUE
       DM 300,000,000
       DUE NOVEMBER 2000
       CC 8160023

--------------------------------------------------------------
WE WISH TO FORMALLY ADVISE YOU THAT THE RATE OF INTEREST FOR
THE PERIOD 13 MAY 1998 TO 13 AUGUST 1998 HAS BEEN FIXED
AT 3.70234 (THREE POINT SEVEN ZERO TWO THREE FOUR PER CENT).

THIS RATE WAS CALCULATED USING THE 3 MONTH DM LIBOR, 3.65234,
PLUS A MARGIN OF 0.05 PER CENT.

THE INTEREST PAYABLE ON THE RELEVANT INTEREST PAYMENT DATE
13 AUGUST 1998 AGAINST COUPON NUMBER 3 WILL BE DM 94.62
(NINETY FOUR DEUTSCH MARKS AND SIXTY TWO PFENNINGS) PER
10,000 DENOMINATION.

THIS AMOUNT HAS BEEN COMPUTED ON THE NUMBER OF DAYS ELAPSED
(92) DIVIDED BY 360.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 500 0150/0146 OR 44 171 500 0483.

KIND REGARDS

RATE FIX DESK
CITIBANK N.A. LONDON

END

RC AAOVKWBKVAAR
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