RENAULT 2008 STATUS

Thierry Moulonguet CFO & Executive Vice President

March 2008 INVESTOR RELATIONS AGENDA

01 PROGRESS SINCE 2005

02 OUTLOOK FOR 2008 AND BEYOND

March 2008 RENAULT INVESTOR RELATIONS 2 01 PROGRESS SINCE 2005

March 2008 RENAULT INVESTOR RELATIONS 3 RENAULT COMMITTED

6% Actual 6% Milestones Commitment 5% COST REDUCTION 2009 Objectives

4,5% ! Purchasing performance - 14%* 4% 3,2% 3,3% ! Manufacturing - 12% 2,56% ! Logistics -9% 3% 3% ! G&A < 4% revenues 2% 2,5% ! Distribution costs -8% per unit in Europe

1% ! Investment costs - 50%

0% * 2008 Objective 2005 2006 2007 2008 2009

March 2008 RENAULT INVESTOR RELATIONS 4 COST REDUCTION & SALES CLEANING IN 2006 & 2007

Context Growth Costs

- 2.2% (884) - 2.7% (1,098) + 4.9% (1,981) Others G& A 1,354 1,323 R&D + 102 + 31 Warranty + 148 + 134 - 184 Currency

- 700 Raw 3.3% 3.2% Materials

Manuf. & Log. + 199 + 1,398 - 1098 Purchasing COP Volume / Mix / Price Enrichment, Rebates COP 2005 March 2008 (allRENAULT figures INVESTOR in million RELATIONS euros) 5 2007 COST REDUCTION

2007 vs 2005 2009 Objectives

! Purchasing performance - 9.1% - 14%*

! Manufacturing - 5.4% - 12%

! Logistics - 7.3% - 9%

! G&A - 5% < 4% revenues (ie 4.8% rev.)

! Distribution costs + 3.1% - 8% per unit in Europe

! Investment costs - 35% - 50%

* 2008 Objective

March 2008 RENAULT INVESTOR RELATIONS 6 TOTAL WARRANTY EXPENSES Selective Commercial Policy 6-month rolling average

H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 2001 2001 2002 2002 2003 2003 2004 2004 2005 2005 2006 2006 2007 2007

March 2008 RENAULT INVESTOR RELATIONS 7 SALES CLEANING COMPLETED

Renault Group market share by Sales Channel 14% G5 countries (FRA, GER, ITA, SPA, U-K) (Sliding average 12 months + LCV)

Corporate 12% Fleet G5 Total 10% Short-term rental Retail

8% Self registration

6% J F MA M J J A S O N D J F M A MJ J A S O N D J F MA MJ J A S O N D J F M A MJ J A S O N D J 2004 2005 2005 2006 2006 2007 2007 2008

March 2008 RENAULT INVESTOR RELATIONS 8 SALES INCENTIVE EVOLUTION New Twingo

4-month rolling average in Europe since Jan. 2005

New Laguna

Jan Apr Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct Jan 05 05 05 05 06 06 06 06 07 07 07 07 08

March 2008 RENAULT INVESTOR RELATIONS 9 March 2008 RENAULT INVESTOR RELATIONS 10 LAGUNA’S WORLDWIDE SALES SINCE 2005

16,000 Laguna II New Laguna 14,000

12,000

10,000

8,000

6,000

4,000

2,000

0 JFMAMJ JASOND JFMAMJ JASONDJ FMAMJ JASOND J 2005 2006 2006 2007 2007 2008

March 2008 RENAULT INVESTOR RELATIONS 11 LAGUNA’S EUROPEAN NET SALES REVENUES PER UNIT

New Laguna > + 20%

Laguna II

JAN 2005 JAN 2006 JAN 2007 JAN 2008

March 2008 RENAULT INVESTOR RELATIONS 12 LAGUNA TOP 3 QUALITY ON TRACK

Modus Warranty claims up to 28 weeks after sales launch

Clio

Laguna

Twingo Laguna Estate

LAUNCH +2w +4w +6w +8w +10w +12w +14w +16w +18w +20w +22w +24w +26w +28w

March 2008 RENAULT INVESTOR RELATIONS 13 March 2008 RENAULT INVESTOR RELATIONS 14 March 2008 RENAULT INVESTOR RELATIONS 15 March 2008 RENAULT INVESTOR RELATIONS 16 RENAULT ‘A’ SEGMENT SALES IN EUROPE SINCE 2005

25,000 NOVO MESTO PLANT CAPACITY

20,000

15,000

Clio II HB 10,000

5,000 Twingo II Twingo I

0 JFMAMJ JASOND JFMAMJ JASONDJ FMAMJ JASOND J 2005 2006 2006 2007 2007 2008

March 2008 RENAULT INVESTOR RELATIONS 17 CAPACITY CHANGE

WESTERN EUROPE - 326k

Outsideof WE* + 200k PRODUCTION OUTSIDE OF WE FOR SALES IN WE 2005 = 19% 2005 2007 2007 = 33%

* Iran figures not incl.

March 2008 RENAULT INVESTOR RELATIONS 18 R&D EXPENSES TO CONTINUE THE PRODUCT OFFENSIVE

Number of models in development R&D (billion euros) 25 3.0 Total R&D Expensed R&D 2,462 20 2,400 2.5

2,264 1,961 15 2.0 2,034 1,963 1,850 10 1.5 1,676

5 1.0

0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2004 2005 2006 2007 2008 2009

March 2008 RENAULT INVESTOR RELATIONS 19 RCI 2007 RESULTS AND ROE IN LINE WITH 2006 …

€M €Bn 491 457 460 17,9 17,7 17,7 17,2 442 16,0 14,5 373 17,5% 15,1% 15,1% 15,7% 15,5% 13,6% 10,3 10,6 10,50 9,7 311 316 9,1 9,5 295 305 256 266 5,5 5,5 4,6 5,0 4,9 5,3 189

dec-02 dec-03 dec-04 dec-05 dec-06 dec-07 2002 2003 2004 2005 2006 2007 IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS

Customer outstanding Floor plan outstanding Ne w f in anc ing Results before tax Results after tax ROE (without NRE) " Despite difficult automotive environment, RCI " ROE in line with 2006 and RCI Banque target Banque maintains its customer outstanding.

March 2008 RENAULT INVESTOR RELATIONS 20 RCI Retail activity accounts for 50 % of the outstanding

RETAIL CORPORATE DEALER Corporate FINANCING FINANCING FINANCING 22% Dealer " " Retail financing Financial lease " Inventories (new 24% with a buy-back " , second Leasing given by the dealer hand " Balloon " Operational lease cars, spare parts) financing with the residual packages value risk retained mainly by the " " Standard loans : Revolving Renault Group or cash facilities , cards dealers medium term loans, overdrafts " Personal loans " Fleet Management (services and " Debit/credit management card without financing)

SERVICES

" Maintenance contracts " Roadside assistance 54% " Extended warranties " Replacement vehicles Retail " Insurance (credit, damage…) " Fuel cards

March 2008 RENAULT INVESTOR RELATIONS 21 RCI Stability of the gross financial margin and results before tax, as %of average outstandings

2004 2005 2006 2007 In % of average 2002 2003 outstandings IFRS IFRS IFRS IFRS

Gross financial 4,22% 4,48% 4,41% 4,52% 4.46% 4.38% margin 1,30% 1,12% 1,12% 0,98% 1.13% 1.30% Services and others products " Despite interest rates rise, the -1,07% -1,24% -1,09% -1,13% -1.18% -1.18% gross financial margin has Intermediation fees been maintained. Net banking Income 4.45% 4.36% 4,44% 4,38% 4,41% 4.50%

Cost of risk -0,78% -0,68% -0,54% -0,72% -0,59% -0,64% " Cost of risk is kept inside target (customer and (0.5%-0.7%) dealers) -1,95% -1,91% -1,76% -1,63% -1,68% -1,78% Operating expenses " The repurchase of 50% in previous UK JV has a non Results before tax 1,61% 1,87 2,04% 2.00% 2,12% 2,01% recurring negative impact on operating costs in 2007 Results before tax 295 373 442 457 491 460 (with NRE) In M€

*NRE: non recurring elements **In M€

March 2008 RENAULT INVESTOR RELATIONS 22 RCI Cost of Customer and Dealer Risk

2004 2005 2006 2007 2002 2003 IFRS IFRS IFRS IFRS

Customer average receivable 13,70 14,80 16,49 17,60 17,73 17,39 (billion euros)

Customer cost of risk (0,83%) (0,78%) (0,57%) (0,86%) (0,65%) (0,69%)

Dealer average receivable 4,59 5,10 5,23 5,30 5,41 5,47 (billion euros)

Dealer cost of risk (0,63%) (0,39%) (0,47%) (0,18%) (0,40%) (0,51%)

Customer & Dealer cost of risk (0,78%) (0,68%) (0,54%) (0,72%) (0,59%) (0,64%)

March 2008 RENAULT INVESTOR RELATIONS 23 RCI A balanced funding profile split between different sources and maturities.

% M€ 752 Short Term 3721 743 2005 2004 2006 4701 4225 2004 2005 2003 2006 3533 4576 2003 74% 64% 2002 51% 70% 2004 2005 70% 66% 2006 9091 2003 7023 Long Term

1680 2003 2004 2005 2006 2702

2002 2003 2004 2005 2006 2007 2002 2003 2004 2005 2006 2007 Equity Long term ( Bonds, MTN, SSD ) ABS Public (on B/S) Commercial Paper Banks Renault Group

" Stand alone funding (without any Renault support) " 4 ABS programs have been launched since 2002 leading to an increase of long term liabilities.

March 2008 RENAULT INVESTOR RELATIONS 24 02 OUTLOOK FOR 2008 AND BEYOND ! Our strategy ! Growth in Europe ! Growth outside of Europe

March 2008 RENAULT INVESTOR RELATIONS 25 THE ROAD TO RENAULT COMMITMENT 2009

2007 consolidated operating profit 12%

10% Daimler Toyota BMW 8% 6% Fiat VAG 99 09 04 00 Renault ~4% 06-07 4% Av erage M OP DCX 07 05 06 02 PSA 2% 06 03 01 GM 0% Ford -3 -2 -1 0 1 2 3 Global market share evolution -2% Car + LCV since 1999 (%)

March 2008 RENAULT INVESTOR RELATIONS 26 THE PRODUCT OFFENSIVE 2006- 2008 2006 2007 H1 2008 H2 2008

Logan MCV QM5 (Corée) Grand Modus Laguna Coupé

Expansion Logan Clio Grand Tour Kangoo Compact models

Sandero (Amér.) Logan Pick-up

Twingo Kangoo PC+LCV

Replacement , succe ssor models to Clio Symbol

Laguna Mégane

March 2008 RENAULT INVESTOR RELATIONS 27 YOUNGER MODEL RANGE IN EUROPE

Age (years) 5.0

4.5

4.0

3.5

3.0 Monthly average estimated model age 2.5

2.0

1.5 2001 2002 2003 2004 2005 2006 2007 2008 2009

March 2008 RENAULT INVESTOR RELATIONS 28 CONDITIONS FOR GROWTH IN EUROPE REJUVENATED LINEUP Renault group sales Forecast 1.6 in Western Europe (million units) 1.4 6%

1.2

1.0

0.8

0.6 61% 0.4 53% 43% 35% 38% 34% 30% 33% 30% 0.2 25% 30% 26% 21% 14% Model age 9% (% vol.) 1995 1996 19971998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 < 2 years > 2 years March 2008 RENAULT INVESTOR RELATIONS 29 2008-2009 FORECAST FOR SEGMENT SALES VARIATION

FRANCE + EUROPE INTERNATIONAL

B0 B0

A&B A&B

C C

D/E D/E

LCV LCV

- 200k - 100k 0 +100k 200k - 200k - 100k 0 +100k 200k

March 2008 RENAULT INVESTOR RELATIONS 30 02 OUTLOOK FOR 2008 AND BEYOND ! Our strategy ! Growth in Europe ! Growth outside of Europe

March 2008 RENAULT INVESTOR RELATIONS 31 WHERE THE GROWTH IS… NON-MATURE MARKETS

Million vehicles Source: R&N Corporate Planning 70

60

50 + 5% pa + 11% pa 40 Rest of the world

30 North America + 1% pa -1% pa 20 Western Europe 10

0

0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 9 9 9 9 9 9 9 9 9 9 0 0 0 0 0 0 0 0 9 9 9 9 9 9 9 9 9 9 0 0 0 0 0 0 0 0 1 1 1 1 2 1 1 1 1 1 1 2 2 2 2 2 2 2

March 2008 RENAULT INVESTOR RELATIONS 32 WHERE THE GROWTH WILL BE… Chi na +4.9M

2.0 ia s s 2006-2015 TIV growth u R 1.8 R&N Corporate Planning consensus

1.6 Mature markets Semi-mature 1.4 ia d In New Fast Growing Markets (NFGM) e 1.2 p ro BRIC u E . il 1.0 W z ra B

Million units 0.8 a e re p o o K r ia 0.6 . u s E n e S . a n n E Ir o a d t e n is y in o 0.4 I k C e a ic la a a k r x b e a ic s n C r k e re u in ia ia ia ia fr e a P G u U q z t l n s b n t T M a h e n ra t a y A i s d Ir g n e t p e a m h p m n h n a e g s y m il l lo t lip a a k 0.2 M r u g o h a o u i tn a ila V A A E R C M o h e iw z a C S P i a a h V T K T 0

March 2008 RENAULT INVESTOR RELATIONS 33 Full speed in International expansion Logan…a unique economic equation

! 6 Logan-platform derivatives by 2009 more to come 2010 - 2012: ! Strong transaction price evolution (euro) Q1 2006 2007 (H1) 2007 France: ~10,100 ~10,150 ~10,600 Romania: ~ 7,900 ~ 8,400 ~8,450 Columbia: -- ~$12,150 ~12,100 MCV ATP remains 2000 – 2500 euros higher than sedan

Logan Sedan Logan Van Pick-up More to come SOS: Sept. 2004 SOS: Feb. 2007 SOS: 2008 2010 - 2012 Logan MCV Sandero SOS: Oct. 2006 SOS: 2008 SOP: 2009

March 2008 RENAULT INVESTOR RELATIONS 34 Logan & Sandero Range extension

Strong sales increase under both brands

! Under the Dacia brand ! Logan MCV and Logan Van ! Success of Diesel

! Under the Renault brand ! International development (Iran, India, ) ! Strong growth in Russia

! Sandero : 4th body built on same base

March 2008 RENAULT INVESTOR RELATIONS 35 Full speed in International expansion

Volumes (thousand units) Production in Korea RSM sales in Korea

300 300 Max. capacity 250 Export 200 BUSAN 160 160 PLANT OUTPUT 100 119

Year 0 00 01 02 03 04 05 06 07 08 09 10

March 2008 RENAULT INVESTOR RELATIONS 36 Renault Samsung Motors

Thousand units 120 QM5 SM7 100

80

SM5 60

40

20 SM3

0 2007

March 2008 RENAULT INVESTOR RELATIONS 37 Continued swift cost reduction Localization visibility (vehicle + powertrain) 2008 Forecast

BrazilBrazil Logan 8282 %% IndiaIndia Logan 5858 %% IranIran Logan 7979 %% KoreaKorea New SM5 8585 %% MoroccoMorocco LoganLogan 4040 %% RomaniaRomania Logan 6060 %% RussiaRussia Logan 4848 %% TurkeyTurkey Clio III 6161 %% <70 % >70 % <80 % >80 % (target)

March 2008 RENAULT INVESTOR RELATIONS 38 LCC SOURCING: JOINT FORECAST FOR PARTS BY PURCHASING & ENGINEERING TEAMS

LCC 84% for LI* + LCC 62%

LCC 33% 36% for HCC* 26% 2009 2009 * LI: Local Integration 2007 status forecast J95 forecast * HCC: High Cost Countries all projects

March 2008 RENAULT INVESTOR RELATIONS 39 Purchasing Performance Renault Commitment 2009

! Without Raw Materials Visibility mini. Expected 2006 2006 – 2007 2006 – 2008

-4%

-9%

- 14%

March 2008 RENAULT INVESTOR RELATIONS 40 COST COMPETITIVENESS: TODAY & TOMORROW

Renault assembly plant + Nissan assembly plant India Partner assembly plant Sourcing for Renault group plants

Chi na Russia (Avtoframos)

Russia (Avtovaz) Romania Iran South Korea Morocco Iran (PK & IK) Competitiveness Competitiveness Russia & Thailand India (Mumbai) Colombia India (Chennai)

Morocco

Brazil LCC 26% 33% Romania South Korea South Africa for HCC* 2007 2009 status forecast Turkey - *LCC: low cost countries March 2008 HCC: high cost countriesRENAULT INVESTOR RELATIONS 41 #1 Car OEM in Russia

710k vehicle output in March2007 2008 + 170k CKD RENAULTAbove INVESTOR 1 million RELATIONS vehicle42 capacity Leveraging the Renault-Nissan Alliance… …A permanent benchmark ! A common purchasing structure: RNPO ! Common platforms ! Development of Interchangeable components (Opportunity -- €500 M / year (2010 and beyond ־ ! Cross-manufacturing ! Cooperation on leading technologies ! Contribution to net result and dividend flows

In million euros FY 2005 FY 2006 FY 2007

Dividends 383 431 456

March 2008 RENAULT INVESTOR RELATIONS 43 Leveraging the Renault-Nissan Alliance… Pooling resources: Common platforms B platform CC platform platforms BB platformplatform CC platformplatform

- Nissan March / Micra - Renault Mégane II / Scénic II - - - Renault Modus/Grand Modus - Nissan XTRAIL - / Tiida Latio - Nissan Lafesta - - - III - - Nissan Wingroad - /Rogue - Sylphy - - Genis

March 2008 RENAULT INVESTOR RELATIONS 44 Leveraging the Renault-Nissan Alliance…Common Pooling resources: Common engines Gasoline DieselGasoline Engine Engine S2G (1.5-L) M1D (2.0-L)

Nissan Tiida／Latio Nissan Qashqai Nissan Note Nissan Wingload Renault Megane Nissan Bluebird Sylphy Renault TBD K9K (1.5-L) M1G (1.8,2.0-L)

Nissan Lafesta Renault Clio Nissan Tiida/Latio Renault Modus Nissan Serena Nissan Note Nissan Wingload Renault Megane Nissan Qashqai Nissan Bluebird Sylphy Renault Scenic Renault Clio Renault Logan

March 2008 RENAULT INVESTOR RELATIONS 45 Leveraging the Renault-Nissan Alliance… EuropeEuropeEurope ---- 201020102010 Diesel technologies ! Alliance V6 for & Renault high end ! Nissan European line-up ! Maxima in US in 2010 LagunaLagunaLaguna ---- 200820082008

Environmental Technology MaximaMaximaMaxima –– U.S.U.S. 201020102010 ! RNO – diesel, flex-fuel, electric ! NIS – hybrid, battery, fuel cell

March 2008 RENAULT INVESTOR RELATIONS 46 Leveraging the Renault-Nissan Alliance… RNPO Evolution of the purchasing scope managed by RNPO as % of the total purchases of Renault and Nissan 2001 30% €58 billion purchased 2006 75% by RNPO in 2007 83% 2007 64% Evolution of % of the Renault-Nissan 48% common suppliers among top 100 suppliers 32% 21%

Cross-company purchasing (FY 2007): Renault to Nissan: € 1.5 bn Nisan to Renault: €1.4 bn 1999 2002 2004 2006

March 2008 RENAULT INVESTOR RELATIONS 47 Leveraging the Renault-Nissan Alliance…

RENAULT PLANTS Cross-manufacturing*: Curitiba: Frontier, Xterra NISSAN PLAN TS Curitiba: Aprio (Logan) Barcelona: Trafic, Primastar Maubeuge: Kubistar Mexico: Clio, Scénic, Platina Batilly: Interstar South Africa: Sandero Korea (RSM): Almera

* Utilization of partners’ facilities

Russia

United Kingdom South Korea Romania Japan France Turkey Chi na Spain United States Iran* India* Mexico Eg ypt Taiwan Morocco Thailand Philippines NISSAN Col ombia Renault Brazil Chi le Dacia South Africa

Renault RENAULT Samsung GROUP Argentina Motors

March 2008 RENAULT INVESTOR RELATIONS 48 ALLIANCE EXTENSION ON INTERNATIONAL OPERATIONS

PARTNER INDUSTRIAL SUPPORT AVTOVAZ

Tanger Chennai Morroco India

INDUSTRIAL CAPACITY EXTENSION

March 2008 RENAULT INVESTOR RELATIONS 49 CO UPDATE 03 2

March 2008 RENAULT INVESTOR RELATIONS 50 CO2 REDUCTION: A GLOBAL ACCELERATION

! CO2 is key driver of environmental policies

! The EU is most severe on CO2 regulation and taxes

! The US had to accelerate on CO2

! Outside EU, dieselization is on the move

March 2008 RENAULT INVESTOR RELATIONS 51 CUSTOMER VALUE OF CO2 REDUCTION Fuel consumption

average

1g CO2/km customer value:* 2004 : 24 €/g 2012 : 52 €/g

*Value is based on fuel savings over life of the vehicle, plus impact of CO taxes CO2 National Taxations 2

March 2008 RENAULT INVESTOR RELATIONS 52 ENVIRONMENT A WIDE OFFER UNDER 140 g/km CO2 European Union Emission level (g/km CO101-1202) 1,200 sales 121-140 (thousand vehicles) 1,000,000 1,000 1 million vehicles emitting

less than 140 g/km CO2 in 2008 800

122122 versions versions 600 4242 versions versions

400 333,333

1/3 emitting less 200 3535 versions versions than 120 g/km CO2 1616 versions versions 0 2000 2001 2002March 2008 2003 2004 2005RENAULT INVESTOR 2006 RELATIONS 2007 200853 eco² 3 CRITERIA FOR ECOLOGICAL & ECONOMICAL VEHICLES

CO2 EMISSIONS PRODUCTION END-OF-LIFE

Below 140 g/CO2 Produced in an 95% reusable by weight & or biofuel-compatible Iso-14001-certified plant at least 5% of recycled plastics & &

Low fuel consumption, tax management, affordability to a wide majority of customers supported by the ecological efficiency.

EcologicalMarch 2008 & EconomicalRENAULT INVESTOR RELATIONS 54 BREAKTHROUGH TECHNOLOGY CHANGE FROM OIL CYCLE

SOLAR ENERG OIL Y REFINEME NT

100,0 00 OIL YEAR GAS S STATIONCO 2

March 2008 RENAULT INVESTOR RELATIONS 55 CHANGE FROM OIL CYCLE TO SOLAR CYCLE

A ZERO EMISSION CAR IS SOLAR TECHNICALLY FEASIBLE SOLAR ENERG OIL ENERG Y REFINEME Zero Y 15 NT emission m² 100,0 00 OIL YEAR GAS S STATION 15,000 km a CO year 2

March 2008 RENAULT INVESTOR RELATIONS 56 CO2 EMISSION REDUCTION IS A CHALLENGE AND AN OPPORTUNITY FOR RENAULT

!Kaizen: ! Compact cars ! Efficient diesel ! Downsized gasoline turbo

!Breakthroughs: ! Electric Vehicle ! ! Fuel cells

March 2008 RENAULT INVESTOR RELATIONS 57 VISIBILITY ON DIVIDEND INCREASE Nissan dividend policy

Dividends paid* Dividends to be proposed 5 4.5 4 3.8 3.1 3 2.4 2 1.8

1

0 2005 2006 2007 2008 2009 In € per share

March 2008 RENAULT INVESTOR RELATIONS 58 !QUALITY Next Laguna in the Top 3 models of its category in quality.

!PROFITABILITY 6% operating margin in 2009.

!GROWTH + 800,000 vehicles between 2005 and 2009 strongest period of growth in the history of Renault.

March 2008 RENAULT INVESTOR RELATIONS 59 March 2008 RENAULT INVESTOR RELATIONS 60 March 2008 RENAULT INVESTOR RELATIONS 61 March 2008 RENAULT INVESTOR RELATIONS 62 March 2008 RENAULT INVESTOR RELATIONS 63 QUESTIONS & ANSWERS

March 2008 RENAULT INVESTOR RELATIONS Koleos

March 2008 RENAULT INVESTOR RELATIONS 65 New Kangoo PC

March 2008 RENAULT INVESTOR RELATIONS 66 New Kangoo LCV

March 2008 RENAULT INVESTOR RELATIONS 67 Grand Modus

March 2008 RENAULT INVESTOR RELATIONS 68 Clio Grand Tour

March 2008 RENAULT INVESTOR RELATIONS 69 Logan Pick-up

March 2008 RENAULT INVESTOR RELATIONS 70 Kangoo Express Compact

March 2008 RENAULT INVESTOR RELATIONS 71 Laguna Coupé Concept

March 2008 RENAULT INVESTOR RELATIONS 72 2007 FINANCIAL RESULTS RENAULT GROUP

March 2008 RENAULT INVESTOR RELATIONS OPERATING PROFIT VARIANCE ANALYSIS

1,063CHANGE 2007 / 2006 : + €291m 1,354

- 270 -57 Raw R&D G&A materials + 134 + 44 Other -20 Volume Manufacturing Sales + 210 & Logistics - 152 + 137 Warranty Financing

+ 390 Purchasing - 154 - 241 Currency Mix / Price Enrichment

(million euros)

2006March 2008 RENAULT INVESTOR RELATIONS 74 2007 2007 FINANCIAL RESULTS

(million euros) 2006 2007 Change

Worldwide sales – in K units 2,434 2,484 + 2.1%

Revenues 40,332 40,682 + 1.8%(1)

Operating margin 1,063 1,354 + 27.4%

in % of revenues 2.6% 3.3% + 0.7pt

Other operating income & expenses - 186 - 116 + 37.6%

Associated companies 2,277 1,675 - 26.4%

Net income 2,960 2,734 -7.6%

Automobile net financial debt 2,414 2,088 - 13.5%

(1) March 2008 On RENAULTa consistent INVESTOR basis, RELATIONS FY2006 = €39,969m75 AUTOMOBILE NET FINANCIAL DEBT EVOLUTION

+ 4,552 Dec 31st 2007 : €2,088m

+ 936 Dividends received from associated companies

+ 961 - 2,169 Net Investments + 326 + 37 + 241

Cash Flow -26 Free Fa ir Others Net debt Change Cash Flow value decrease In WCR - 913 - 1,287 Dividends paid - 109 Development expenses (million euros) Leased capitalized vehicles - 2,278 Net tangible & intangible Investments March 2008 RENAULT INVESTOR RELATIONS 76 OPERATING MARGIN EVOLUTION

Automobile 1,200 Group operating margin 6.0% Sales Financing (RCI) Automobile operating margin 1,000 943 5.0%

800 722 4.0% 4.4% 632 592 600 3.5% 3.0% 3.1% 3.3% 471 380 2.7% 400 2.4% 2.0% 2,4 % 2.3% 2.2% 1.9% 1.6% 200 1.3% 1.0% 0.9% 0 0.0% H1 2005 H2 2005 H1 2006 H2 2006 H1 2007 H2 2007

March 2008 RENAULT INVESTOR RELATIONS 77 2007 COMMERCIAL RESULTS

March 2008 RENAULT INVESTOR RELATIONS 2007 Results Growth by region World Europe France - 1,8% + 2.2% - 5.5% France + Europe 669 657 - 4.1% 1,024 968

2006 2007

2006 2007 2,434 2,487

Americas EuroMed Asia Africa + 33.4% + 11.4% + 9.8% International + 16.5% 381 424 185 247 175 192 2006 2007 2006 2007 2006 2007 2006 2007

Thousand units (Cars + LCVs) RENAULT INVESTOR RELATIONS 79 J+1 Data March 2008 Euromed Record unit sales in Russia

424 381

131 134 92 91 101 67 74 72

2006 2007 2006 2007 2006 2007 2006 2007 2006 2007 + 2.3% - 1.4% + 9.5% + 39.6% + 11.4% Romania TurkeyN. Africa Russia EUROMED

Renault Dacia

Thousand units (Cars + LCVs) March 20082007 COMMERCIAL RESULTS RENAULTFRIDAY, INVESTOR JANUARY, 4RELATIONSth 80 80 Asia Africa Sales ramp-up in Iran and India

192 175 119 117

Feb 08 YTD Feb 08 YTD 5,052 7,097 18 16 8 13 9.3 8.8 0 0.9 2006 2007 2006 2007 2006 2007 2006 2007 2006 2007 - 46.1% -5.6% -1.4% 2006 2007 + 9.8% Sth Africa India Iran Fr. Territories Sth Korea ASIA AFRICA

Renault Dacia RSM Thousand units (Cars + LCVs) March 2008 RENAULT INVESTOR RELATIONS 81 Renault Group LCV sales

Global – (Thousands of units LCVs)

394 390 404

450 Others Master 400 Dacia 350 Master 300

250 Trafic

200 Clio Trafic 150 Kangoo

100

50

0

Kangoo Express 2005 2006 2007

March 2008 RENAULT INVESTOR RELATIONS 82 Americas Strong growth for Renault in buoyant markets

247

185

74 67 52 48 39 33 29 13

2006 2007 2006 2007 2006 2007 2006 2007 2006 2007 + 42.9% + 39.0% + 17.8% + 133% + 33.4% Brazil Argentina Colombia Venezuela AM ERICAS

Renault RSM Thousand units (Cars + LCVs) March 2008 RENAULT INVESTOR RELATIONS 83 France + Europe 2007 sales evolution by quarter

8%

6% + 4.8%

4%

2% Q1 Q2 Q3 0% Q4 -2% -1.2%

-4%

-6%

-8% -8.0% -10% -9.2%

March 20082007 COMMERCIAL RESULTSRENAULT FRIDAY, INVESTOR JANU ARY, 4RELATIONSth 84 84 France + Europe Towards growth recovery 1,024 968

Renault Dacia Thousand units (Cars + LCVs)

669 657

206 199 142 144 173 158 160 149 95 94

2006 2007 2006 2007 2006 2007 2006 2007 2006 2007 2006 2007 2006 2007 -1.8% + 1.0% -8.7% -7.0% -3.6% -1.4% -5.5% FRANCE Italy Germany U-K Spain Central EUROPE Europe

Market share (in %) 2006Renault26.30 5.58 4.72 5.98 10.81 9.28 6.68 March 2008 RENAULT INVESTOR RELATIONS 85 2007Milliers d’unités24.81 (VP + VU)5.27 4.67 5.41 10.54 8.15 6.24 2008 PRODUCT LAUNCHES BY REGION

Europe Euromed 1414 1212

France 1313

Asia Americas Africa 66 1111

Models from the 2007 product planning

Phase 2 + Derivatives March 2008 RENAULT INVESTOR RELATIONS 86 LAGUNA – MARKET SHARE PROGRESSION

March 2008 RENAULT INVESTOR RELATIONS 87 THE BIG MIX SHIFT – French segment evolution

B-segmentB-segment

C-segmentC-segment

A-segmentA-segment D-segmentD-segment SUVSUV

March 2008 RENAULT INVESTOR RELATIONS 88 RCI Banque:2007 Highlights

March 2008 RENAULT INVESTOR RELATIONS RCI Banque : Cost of credit risk

March 2008 RENAULT INVESTOR RELATIONS 90 RCI Banque: Debt Structure

March 2008 RENAULT INVESTOR RELATIONS 91 A new business model … KEY ISSUES

March 2008 RENAULT INVESTOR RELATIONS Europe: firing for profit outlook for volume evolution 63 42 00 23 new models ,0 ,0 ,0 2 2 2 Replacement 2,000 +200K +441K +376K + Expansion 1,500

1,000

500

0 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09

Thousands of units (Car+LCV including NRS)

March 2008 RENAULT INVESTOR RELATIONS 93 2005-2007 SALES VARIATION BY SEGMENT

FRANCE + EUROPE INTERNATIONAL

(number of units) (number of units) B0 + 49k B0 + 172k - 60k A&B A&B + 8k

C C + 11k - 191k Total volume - 53k D/E variation -3k D/E

-2k LCV - 77,000 units -8k LCV

- 200k - 100k 0 +100k 200k - 200k - 100k 0 +100k 200k

March 2008 RENAULT INVESTOR RELATIONS 94 2008 FIRST MONTHS ORDERS UP 210,000 2005 190,000 2006 Monthly 2007 orders 2008 170,000

150,000

130,000

110,000

90,000

70,000 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

March 2008 RENAULT INVESTOR RELATIONS 95 Europe: firing for profit More products – younger age Product launch events in Europe 2005 2006 2007 2008 2009 Twingo Clio3 Logan Laguna Logan Laguna SW

~11 ~7

AverageAverage AverageAverage ageage ageage 3.53.5 yrsyrs 2.2 yrs 1 4 2.2 yrs

March 2008 RENAULT INVESTOR RELATIONS 96 Upper range strategy : reviving profit

2005 2010 101,000 sales >27,000€ incl. high end Megane & Scenic >200,000 sales >27,000€

Transaction price (K€) Price range for model Range extension 50 Proportion of sales future product (e)

40

30 27

20

Actual range Renault Commitment 2009 Beyond 10 Sedan Estate SM7 Espace Vel Satis Sedan Estate Coupé Sedan Cross Sedan MPV Cross over over Laguna II Laguna III

March 2008 RENAULT INVESTOR RELATIONS 97 Residual value improvement

50 45.7% 48 +7.8 pts 46 Germany (source Eurotax) 44 36-month / 60,000 km 37.9% 42 + 7.8 pts for Sedan vs Laguna II 40 + 5.7 pts for Grandtour vs Laguna II 38 36 34 32 30 Laguna II Laguna III UK (source CAP monitor) (2006) (2007) for Laguna Sedan 2.0 dCi 150 36-month / 60,000 miles (100,000 km) + 7.2 pts vs Laguna II Sedan

March 2008 RENAULT INVESTOR RELATIONS 98 Environmental excellence

! Less than 140g/km of CO2 ! Model for France label

New Twingo 1.5 dCi Low CO emission 2 113 g Less than Equal to 100 g/km A

between 101 and 120 g/km B between 101 and 120 g/km B

Between 121 and 140 g/km C between 121 and 140 g/km C Clio III TCE 100 between 141 and 160 g/km D 139 g between 161 and 200 g/km E Laguna III dCi 110 between 201 and 250 g/km F 130g More than 250 g/km G

High CO2 emissions

March 2008 RENAULT INVESTOR RELATIONS 99 Environmental competitiveness

Engine Origin Diesel 2.0 dCi 130, 150 & 175hp Leader in performance & driving pleasure ALLIANCE Performing, Silent, Economical & Clean

Diesel 1.5 dCi 110hp

Leader in consumption & CO2 emissions RENAULT in this market segment

Petrol 2.0L 16v 140hp ALLIANCE Silent, smooth & Dynamic

Petrol 3.5L V6 24v 245hp NISSAN Performing & smooth

March 2008 RENAULT INVESTOR RELATIONS 100 Renault’s technology road map towards 130g/km

CO2 impact (g/km) 145 140 135 130 Cost impact (€) impact Cost

New technology

March 2008 RENAULT INVESTOR RELATIONS 101 Raw Materials Impact 2006-2008

• 2006 429 M€

• 2007 270 M€

• 2008 250-300 M€

March 2008 RENAULT INVESTOR RELATIONS 102 Internationalization of the Group 367,000 Logan sold in 2007

350 8.9% 2007 Sales 11.4% per Region Asia Africa

8.6% 12.7% 300 Americas France 250 58.4% Europe 200

150 Euromed 100

50

0 2004 2005 2006 2007 Thousand units

March 2008 RENAULT INVESTOR RELATIONS 103 Full speed in International expansion Logan -- a new cost structure 100% CommercialCommercial expensesexpenses 75% Clio Campus (W Europe) ProductionProduction costscosts Logan Powertrain depreciation 50% (E Europe) Other Entry ticket depreciation OutsourcedOutsourced partsparts Warranty 25% && powertrainpowertrain Transportation

0% Logan Clio II

March 2008 RENAULT INVESTOR RELATIONS 104 Full speed in International expansion

Logan: a growing global footprint Capacity utilization for Logan RUSSIA Capacity utilization for other models 100% 160k 16k Industrial capacity installed by 2009 Expansion projects beyond 2009 ROMANIA MOROCCO 100% 350k 30k (2009)

65% 100%

IRAN 100% MOROCCO PHASE II 200K INDIA 33% 300k+ (2009-13) 50k+ (2009) COLOMBIA 16k INDIA PHASE II

80% 400k+ (2009-12) 150K for Logan BRAZIL 200k

March 2008 RENAULT INVESTOR RELATIONS 105 Full speed in International expansion Renault Samsung Motors

Volumes (thousand units) Production in Korea RSM sales in Korea

300 300 Max. capacity 250 Export 200 BUSAN 160 160 PLANT OUTPUT 100 119

Year 0 00 01 02 03 04 05 06 07 08 09 10

March 2008 RENAULT INVESTOR RELATIONS 106 Full speed in International expansion Renault Samsung Motors

SM3: RSM produced 40 thousand units for Nissan in 2007 (sold as Almera by Nissan) SM3

Global D-segment: SM5 acounts for 45% of global “d-segment “ 2006 sedan sales

SM5

KoleosKoleos SM7 ConceptConcept (2008)(2008)

March 2008 RENAULT INVESTOR RELATIONS 107 Group internationalization 2009-10 Western Europe: 50% International: 50% 3,500 40% Total Group sales Thousands of units (Cars+ LCVs) ≥ 40% 35% 35% 3,000 30% % of group sales outside of Europe 27% 30% 2,500 23% 25% 2,000 19% Actual 07 35% 17% 20% 17% 17% 1,500 15%

1,000 11% 10%

500 5%

0 0% 1999 2000 2001 2002 2003 2004 2005 20062007 2009

March 2008 RENAULT INVESTOR RELATIONS 108 Leveraging the Alliance...

• Shared platforms • Interchangeable components • RNPO • Joint manufacturing

March 2008 RENAULT INVESTOR RELATIONS Performance driven organization ! Renault Commitment 2009: • Fully deployed internally and worldwide • Key performance indicators set and monitored New ! New Management Organization: management • Regional management committees incentive • 11 cross – functional teams (500 people involved) schemes • Globalized Functions (Target: world class level of support services)

! Milestones for profitability • Operating margin 3% in 2007, 4.5% in 2008 and 6% in 2009

! Transparency on dividend

March 2008 RENAULT INVESTOR RELATIONS 110 Wider product range -- model mix 2.5 mlnmln 3.3 mlnmln 100% LCV Light commercial vehicles 90% & others 80% M2 Hi gh-end

70% M1 60% o/w 5R & 2N Megane.etc. 50%

40% Logan Family & derivatives 30%

20% Entry level 10% Twingo, Clio, Modus 0% 2005 2009

March 2008 RENAULT INVESTOR RELATIONS 111 Improving quality New Laguna in Top-3 for quality in its class

Avensis • For product quality (Toyota) • For service quality Vectra A4 Accord (Opel) (Audi) (Honda)

Mondeo C Class (Ford) (Mercedes) 22 11 33 C5 S60 407 (Citroën) (Volvo) (Peugeot) Passat 3 Series (VW) (BMW) 1212 competitorscompetitors

March 2008 RENAULT INVESTOR RELATIONS 112 Leveraging Renault strengths

! The International expansion

! The Renault Nissan Alliance

! The light commercial vehicles range

March 2008 RENAULT INVESTOR RELATIONS 113 RC2009 incremental growth versus 2005

VEHICLES SOLD SALES TURNOVER OPERATING MARGIN By model range

Logan program LCV B + C Upper end

By region

France + Europe Rest of World

March 2008 RENAULT INVESTOR RELATIONS 114 RENAULT INVESTOR RELATIONS

Veronique Dosdat Gerry Spahn +33 176 84 53 09 +33 176 83 05 13 [email protected] [email protected]

Sophie Burel +33 176 84 60 26 [email protected]

Investor internet site: www.renault.com finance

March 2008 RENAULT INVESTOR RELATIONS 115