RNS No 3473q
RENAULT CREDIT INTERNATIONAL SA
20 August 1999


RE: RENAULT CREDIT INTERNATIONAL
 FRF 300,000,000 SERIES 14 EMTN
 DUE NOVEMBER 2003
 ISIN: XS0092693042

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE
PERIOD 24AUG99 TO 24NOV99 HAS BEEN FIXED AT 2.824 PERCENT
PER ANNUM

THE COUPON AMOUNT DUE 24NOV99 WILL AMOUNT TO:
FRF 721.69 PER FRF 100,000 DENOMINATION.
------------------------------------------------------------------

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

END

RC ARVBKKAKWUAR
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