RNS No 9704c
RENAULT CREDIT INTERNATIONAL S.A. BANQUE


FROM:   29TH JULY 1997

5)  FRF 150,000,000 FLOATING RATE NOTES DUE 29.7.2002

                    FULLY PAID

                    (REPRESENTED BY NOTES TO BEARER OF FRF 1,000,000

                    EACH)

                    ISSUE PRICE 100 %

                    ISSUER CITIBANK N.A.

A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END
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