Offering of Renault shares by the French State

Paris, France, July 28 -- JPMorgan launches a placement of 24.2 million shares of Renault, representing 8.5% of the capital, via an accelerated bookbuilding, on behalf of the French State. The offering size may be increased by another 2.4 million shares in the event the over-allotment option is exercised.

Following the placement and the employee offering that will follow, the French State will own around 15% of Renault's capital, which corresponds to its medium term holding objective as Renault's significant shareholder, contributing to the stability of Renault's capital.

The shares are being offered between EUR48.65 and EUR49.15.

The offering is structured as a private placement to institutional qualified investors outside the United States, and as a 144A placement with Qualified Institutional Buyers in the United States.

JPMorgan is acting as Global Coordinator and Joint Bookrunning Lead Manager, alongside Deutsche Bank and Société Générale, acting as Joint Bookrunning Lead Managers.

This announcement is for information purposes only and does not constitute an offer or an invitation to acquire or dispose of any securities of Renault S.A. in the United Kingdom, the United States or any other jurisdiction, or investment advice. This announcement does not constitute an offer to sell or the solicitation of an offer to buy or acquire Renault S.A. shares in the United Kingdom, the United States, Canada, Australia or Japan or in any other jurisdiction in which such an offer or solicitation is unlawful. The Renault S.A. shares have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offering of securities in the United States.

Neither this announcement nor any copy of it may be taken, transmitted or distributed, directly or indirectly in or into the United States, Canada, Australia or Japan. Any failure to comply with this restriction may constitute a violation of United States, Canadian, Australian or Japanese securities laws.

Stabilisation / FSA

MEMBERS OF THE GENERAL PUBLIC ARE NOT ELIGIBLE TO TAKE PART IN THE PLACING. THIS ANNOUNCEMENT IS DIRECTED ONLY AT PERSONS WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS WHO FALL WITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2001 (AS AMENDED) (THE "ORDER") OR ARE PERSONS FALLING WITHIN ARTICLE 49(2)(A) TO (D) ("HIGH NET WORTH COMPANIES, UNINCORPORATED ASSOCIATIONS," ETC.) OF THE ORDER (ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS "RELEVANT PERSONS"). THE INFORMATION REGARDING THE PLACING SET OUT IN THIS ANNOUNCEMENT MUST NOT BE ACTED ON OR RELIED ON BY PERSONS WHO ARE NOT RELEVANT PERSONS. ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO RELEVANT PERSONS AND WILL BE ENGAGED IN ONLY WITH RELEVANT PERSONS.

Stefania Signorelli stefania.signorelli@jpmorgan.com Tel: +44 (020) 7325 5755