RNS No 9571p
RENAULT CREDIT INTERNATIONAL S.A.
16 June 1999


TO COMPANY ANNOUNCEMENTS OFFICE

RE: RENAULT CREDIT INTERNATIONAL SA BANQUE
    DEM 20,000,000 SERIES 8 EMTN
    DUE 18 JUNE 2003
    ISIN: XS0085596277

--------------------------------------------------------------

WE WISH TO FORMALLY ADVISE YOU THAT THE RATE OF INTEREST FOR
THE PERIOD 18 JUNE 1999 TO 20 DECEMBER 1999 HAS BEEN FIXED
AT 2.77875 PCT PER ANNUM.

THE INTEREST PAYABLE ON THE RELEVANT INTEREST PAYMENT DATE
20 DECEMBER 1999 AGAINST COUPON NUMBER 4 WILL BE DEM 1,427.97
PER DEM 100,000 DENOMINATION.


IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 508 3857

FROM RATE FIX DESK
CITIBANK N.A. LONDON


END

RC ANSNKKBKNAAR
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