RNS Number:5090A
Renault Credit International SA Ban
15 March 2001


DATE: 14 MARCH 2001

RE: RENAULT CREDIT INTERNATIONAL  
    EURO 25,000,000 SERIES 22 EMTN
    DUE  SEPTEMBER 2002
    ISIN: FR0000495822

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE 
PERIOD 16MAR01 TO 18JUN01  HAS BEEN FIXED AT 4.974 PCT 

THE COUPON AMOUNT DUE 18JUN01 WILL AMOUNT TO:
EURO 12.99  PER EURO 1,000 DENOMINATION.
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IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
TEL:  44 171 508 3857/3855 OR FAX:  44 171 508 3881.


RATEFIX DESK
CITIBANK N.A., LONDON
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