RNS Number:0197G
Renault Credit International SA
22 February 2000


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 24FEB00 TO 24MAY00 HAS BEEN FIXED AT  3.765 PCT 

THE COUPON AMOUNT DUE 24MAY00 WILL AMOUNT TO:
FRF  941.25 PER FRF 100,000 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

END
RC UUSNRRSRUUAR
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