RNS Number:8593G
Renault Credit International SA Ban
12 July 2001

RE:    RENAULT CREDIT INTERNATIONAL
       DEM 300,000,000 SERIES 11 EMTN
       DUE JULY 2003
       ISIN: XS0088775308

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE PERIOD 16JUL01 TO
16OCT01 HAS BEEN FIXED AT 4.55025 PCT  

THE COUPON AMOUNT DUE 16OCT01 WILL AMOUNT TO: DEM 116.28 PER DEM 10,000
DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON TEL: 44 207 508
3857/3855 OR FAX: 44 207 508 3881.
 
RATEFIX DESK 
CITIBANK N.A., LONDON
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