RNS Number:2205H
Renault Credit International SA Ban
19 July 2001




RE:   RENAULT CREDIT INTERNATIONAL 
      DEM 50,000,000 SERIES 12 EMTN 
      DUE JULY 2003 
      ISIN: XS0089359474

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE PERIOD 23JUL01 TO
23OCT01 HAS BEEN FIXED AT 4.59438 PCT

THE COUPON AMOUNT DUE 23OCT01 WILL AMOUNT TO:
DEM 11,741.19 PER DEM 1,000,000 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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