RNS Number:2149O
Renault Credit International SA Ban
20 July 2000


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 24JUL00 TO 23OCT00 HAS BEEN FIXED AT  4.7625 PCT 

THE COUPON AMOUNT DUE 23OCT00 WILL AMOUNT TO:
DEM 12,038.54 PER DEM 1,000,000 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
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