RNS Number:3624H
Renault Credit International SA Ban
23 July 2001


RE:  RENAULT CREDIT INTERNATIONAL
     EURO 500,000,000 SERIES 25 EMTN
     DUE 25 OCTOBER 2002
     ISIN: FR0000497414

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE PERIOD 25JUL01 TO
25OCT01 HAS BEEN FIXED AT 4.724 PCT

THE COUPON AMOUNT DUE 25OCT01 WILL AMOUNT TO:
EURO 12.07 PER EURO 1,000 DENOMINATION.
EURO 120.72 PER EURO 10,000 DENOMINATION.
EURO 1,207.24 PER EURO 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
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