33NL Stand.chart. 33

RNS Number:5622X
Renault Credit International SA Ban
19 January 2001


RE: RENAULT CREDIT INTERNATIONAL  
    DEM 50,000,000 SERIES 12 EMTN
    DUE JULY 2003
    ISIN: XS0089359474

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE 
PERIOD 23JAN01 TO 23APR01 HAS BEEN FIXED AT 4.8875 PCT 

THE COUPON AMOUNT DUE 23APR01 WILL AMOUNT TO:
DEM 12,218.75 PER DEM 1,000,000 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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