30ID Ang.w.s.f.3.666

RNS No 5870j
RENAULT CREDIT INTERNATIONAL SA
17th March 1998

TO: COMPANY ANNOUNCEMENTS OFFICE

RE:    RENAULT CREDIT INTERNATIONAL SA BANQUE
       DM 20,000,000
       DUE 18 JUNE 2003
       CC 8559627

--------------------------------------------------------------

WE WISH TO FORMALLY ADVISE YOU THAT THE RATE OF INTEREST FOR
THE PERIOD 18 MARCH 1998 TO 18 JUNE 1998 HAS BEEN FIXED
AT 3.61391 (THREE POINT SIX ONE THREE NINE ONE PER CENT).
THIS RATE WAS CALCULATED USING THE 3 MONTH DM LIBOR, 3.50391
PLUS A MARGIN OF 0.11 PER CENT.

THE INTEREST PAYABLE ON THE RELEVANT INTEREST PAYMENT DATE
18 JUNE 1998 AGAINST COUPON NUMBER 1 WILL BE DM 923.55
(NINE HUNDRED AND TWENTY THREE DEUTSCH MARKS AND FIFTY FIVE
PFENNINGS) PER 100,000 DENOMINATION.

THIS AMOUNT HAS BEEN COMPUTED ON THE NUMBER OF DAYS ELAPSED
(92) DIVIDED BY 360.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL:  44 171 500 0150/0146 OR 44 171 500 0483.

FROM:
RATE FIX DESK
CITIBANK N.A. LONDON


END

RC ABOVKWVKOAAR

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