Investor Presentation2011

March 2011 Update

2

Disclaimer

This presentation is not, and is not intended to be, an offer to sell any security or the solicitation of an offer to purchase any security.

The following presentation has been prepared to provide information about RCI Banque; Information have been obtained from sources believed to be reliable. None warrant its completeness or accuracy.

This presentation may contain forward-looking statements, in particular statements regarding our plans, strategies, prospects and expectations regarding our business. You should be aware that these statements and any other forward-looking statements, in this presentation, only reflect our expectation and are not guarantees of performance near and in the future.

These statements involve risks, uncertainties and assumptions about events or conditions and is indented only to illustrate hypothetical results under those assumptions. Actual events or conditions are unlikely to be consistent with, and may differ materially from, those assumed. In addition not all relevant events or conditions may have been considered in developing such assumptions. Accordingly, actual results will vary and the variations may be material. Prospective investors should understand such assumption and evaluate whether they are appropriate for their purposes.

The information contained herein does not constitute an offer for sale in the United States. The securities described herein have not, and will not, be registered under the U.S. Securities Act of 1933 or with any securities regulatory authority of any state or other jurisdiction in the United States and may not be offered or sold, directly or indirectly, into the United States unless the securities are so registered or an exemption from the registration requirements is available.

3

• Business Model

• RCI Banque activity and results

• Financial policy

4

100% owned by Renault, RCI Banque is an autonomous Business Unit specialized in car

financing and related services

French Bank under supervision of French “Autorité de Contrôle Prudentiel (ACP)” with all implications on governance (underwriting, lending limits, liquidity, internal control, reporting, ...)

2 main targets: ROE > 12 %Integration in the marketing of Renault/Nissan Alliance’s brands

2 markets:Customer (Retail and Corporate)Dealer

85% of assets in western European countries

“Stand alone” rating (two notches higher than Renault SA):Moody’s : C- / Baa2 (positive outlook) / P2S&P : BBB / A2

Independent risk management and very limited financial exposure to the Renault group.

5

Customer financing (1.8 to 2 years WAL)

Pricing is based on “cost + margin” approach to achieve ROE/ROA target ;

Variation of liquidity cost is transferred to the customer ;

Diversified sources of funds enable to mitigate bond market costs ;

Promotional Campaign : the difference between the pricing target and the customer’s rate is subsidized and paid up-front by the Car-makers ;

Dealer Financing

Pricing of dealer financing shifted from “Euribor 3 month + margin” to “internal base rate”, including liquidity costs and updated each month.

A simple management of profitability

6

• Business Model

• RCI Banque activity and results

• Financial policy

7

17,7

16,2 15,916,8

17,9 17,7

5,54,95,3 5,5

4,5 4,7

9,78,3

10,4

9,48,9

10

dec-05IFRS

dec-06IFRS

dec-07IFRS

déc-08IFRS

dec-09IFRS

dec-10IFRS

Customer Outstanding Floor plan outstanding New financing

491 482 487

704

457 460

311

467

305 316 314 316

15.1%

16.3%

15.5% 15.1% 14.5%

23.6%

2005 IFRS 2006 IFRS 2007 IFRS 2008 IFRS 2009 IFRS 2010 IFRS

Results before tax Results after tax ROE (without NRE)

€Bn €M

Increase in the outstandingExceptional year results

In a recovering car market, RCI Banque outstanding have increased by 1billion euros over the last 12 months.

Strong increase in profitability vs historical performances thanks to increase of margins and reduction in cost of risk.

8

23.6%

16.3%

14.5%

11.7%12.7%

11.4%10.4%

15.1%

15.1%

15.5%

17.5%

15.7%

13.6%

12.0%

12.3%

12.2%

10.3%10.8%

7%

9%

11%

13%

15%

17%

19%

21%

23%

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

ROE without NRE

501464 473

706

14 -2

493447463

351294

171 193 204 207 216 224267 260 244

19-210-21221

-3

36-27 -16 -41

-100

0

100

200

300

400

500

600

700

800

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004IFRS

2005IFRS

2006IFRS

2007IFRS

2008IFRS

2009IFRS

2010IFRS

Income before taxes (without NRE) Non recurring elements (NRE)

€M

RCI Banque had very little volatility in its results and its profitability over the last 15 years

9

Very strong reduction in cost of risk, especially in Spain;

Strong improvement of the gross financial margin;

Rise in margins on services ;

Gross financial margin and pre-tax income (as % of average outstanding) keep on improving

*NRE: non recurring elements **In €m

5.40%5.17%4.58%4.50%Net banking income

-0.40%

-1.64%

-0.99%

-1.71%

-0.87%

-1.57%

-0.68%

-1.78%

Cost of risk

Operating expenses

30%

3.35%

5.16%

1.52%

-1.28%

2010IFRS

33%

2.41%

4.91%

1.48%

-1.21%

2009 IFRS

39%

2.01%

4.38%

1.30%

-1.18%

2007IFRS

34%

2.13%

4.35%

1.39%

-1.16%

2008 IFRS

Cost income ratio (Operating expenses / Net Banking Income)

Gross financial margin

Services and other products

Intermediation fee

In M€ & % of average performing loan outstanding

Pre-tax income (with NRE*)

10

PreTax Income analysis2010 vs 2009

Pre tax Income Variation 2010 vs 2009

487,540,8

-11,7

11,0 10,79,3

90,825,8 7,7 9,9

21,4 703,2

350

450

550

650

750

Pre Tax

Inco

me Dec

. 200

9

Volume effe

ctInter

mediat

ion fee

Margin ef

fect

Service

sOther

products

Cost of r

isk C

ustomer

Cost of r

isk D

ealer

Operatin

g expen

ses

Others

FX effec

t

Pre Tax

Inco

me Dec

. 201

0

-100,0

0,0

100,0

200,0

300,0

400,0

500,0

600,0

700,0

800,0

€M

215,6 MEUR

11

147

206

137

193

164

84

0.91% 0.96%

0.40%

0.64%0.59%0.72%

0.59%0.62%0.61%0.56%

0.68%

0.39%

0

50

100

150

200

250

2005 2006 2007 2008 2009 20100,0%

0,2%

0,4%

0,6%

0,8%

1,0%

1,2%

1,4%

Total CoR excl. Country risk (€M)Total CoR excl. Country risk (%)Total CoR excl. Country risk Spain and Romania (%)

Net reduction in cost of risk due to the reinforced management in recoveries and origination policy, especially in Spain.

Strong reduction in cost of risk

12

1.26%

4.71%

0.27%

2.05%

3,85%

2.70%2.76%

1.92%

5.16%

1.61%

0.43%0.81%

1.27% 1.14%

1.65%

0.41%

0.80%

0.66%0.89%0.62%052%

110%0.42%0.81%0.64% 0.36%0.50%

0%

1%

2%

3%

4%

5%

T1 2008 T2 2008 T3 2008 T4 2008 T1 2009 T2 2009 T3 2009 T4 2009 T1 2010 T2 2010 T3 2010 T4 2010

CoR Customer Spain CoR Customer RCI Group CoR Customer G5 exc. Spain

Customer cost of risk: quarterly average

RCI Group2008 : 1.01%2009 : 1.19%2010 : 0.59%

Spain2008 : 3.07%2009 : 3.14%2010 : 0.62%

G5 except Spain2008 : 0.59%2009 : 0.78%2010 : 0.55%

Actions taken in 2009 on acceptation and recovery lead to improvment in the retailportfolio cost of risk.

13

9.38%

4

46

31/12/10

14.7%

20

133

31/12/08

10.3%

11

109

31/12/09CORPORATE

% provision

Provisions (€M)

Residual value risk (€M)

Marginal exposure policy of RCI Banque on residual values Risks carried by carmakers or dealers

0.14%

0.4

273

31/12/10

0.8%

1.5

189

31/12/08

0.3%

0.6

188

31/12/09RETAIL

% provision

Provisions (€M)

Residual value risk (€M)

Low exposure on Residual Values (RV)

RV set at “market price” for corporate (Germany, Spain, France, UK);

RV set below “market price” for individuals (UK);

RCI Banque will not be exposed to RV on batteries.

14

2,250 2,305 2,240 2,1482,081 2,254

10.37%10.63%

9.48%

8.06%8.08%8.12%

9.21% 9.14% 9.16%

10.81%

11.75% 11.86%

2005 IFRS 2006 IFRS 2007 IFRS 2008 IFRS 2009 IFRS 2010 IFRS

Regulatory Net Worth Core Tier One Solvency Ratio

€M

Basel 1 Basel 2

Strong Core Tier One Equity

Dividend policy aims to maintain a Core Tier One at 10% ( previously 8% in Basel 1 methodology);

In December 2010 : 10.63% of Core Tier One (Basel 2) corresponds to 8.63 % (Basel 1) ;

Without transitory floor requirements (maintained in 2010 at 80% of Basel 1 ratio), the Core Tier One solvency ratio would have been at 13.10%.

15

• Business Model

• RCI Banque activity and results

• Financial policy

16

A prudent financial policy

Aiming at protecting commercial margin

No exposure (direct or indirect) to “toxic”assets ;

Interest Rate risk maintained at low level ;

No FX risk exposure ;

Centralized funding only in “single A”minimum rated countries (Transfer & Convertibility Risk).

While maintaining a permanent liquidity reserve deriving from

Assets being funded with longer dated liabilities ;

Bilateral committed credit lines – no binding conditions ;

ECB eligible collateral ;

Positive cash balance invested in short term bank deposits only ;

“Master Trust” ABS programs : Outstanding increases or investor bond redemptions are funded through new issues bought by RCI Banque and refinanced at the ECB.

17

440 592

485 701

5,378 5,361 4,492 4,540 4,467

1,387 1,8251,514 1,199 1,635

401

-2,652-2,430-2,503-3,776 -4,701

3,8513,0773,429

3,988 4,010

-5 500

-3 000

-500

2 000

4 500

7 000

2006 2007 2008 2009 2010

Available commited lines ECB eligibleCash CD/CP

Liquidity reserve

Available

liquidityC

D / C

P

€M

Liquidity Reserve = Available Liquidity - CD/CP Outstanding

7,205 7,778 6,491 6,440 6,503

Liquidity reserve maintained at a high level

Available liquidity breakdown:

♦ Available bilateral committed lines:

- Provided by approximately 26 international banks from 12 countries.

- No binding conditions: no negative pledge, no ownership, no pari passu, no cross default, no material adverse change, no rating triggers.

♦ Bonds retained (securitization) eligible at ECB

♦ Cash.

18

30463705

3776 4701

2503 24272651

29893291

2874 2596

2440 14001813

503511 752

678 667

2,7232,5452,4502,7022,6852,3292,228

12,293 10,587 9,8148,770 8,964 9,757

12,423

3,7753,8123,493

3,5333,3072,8392,512

602

21

2,002450

109 403

1,1551,098 838282

0

5 000

10 000

15 000

20 000

25 000

30 000

2004 2005 2006 2007 2008 2009 2010SFEFECBRenault GroupBank short term borrowingsCommercial paperABS (on balance sheet)Long term (bonds, MTN, banks long term, SSD)Shareholders equity

51%63%

74% 70% 70% 66% 69% 72% 78%

49%37%

26% 30% 30% 34% 31% 28% 22%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

2002 2003 2004 2005 2006 2007 2008 2009 2010

Long term Short term

Stand alone funding (without any support from Renault);8 consolidated ABS programs leading to a diversified refinancing (investors, conduits, ECB, SFEF).

A balanced liabilities profile split between different sources and maturities

RCI Banque liabilities breakdown€M

19

STATIC LIQUIDITY GAP

-

1 000

2 000

3 000

4 000

5 000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

31/12/2008 31/12/2009 31/12/2010

0

5 000

10 000

15 000

20 000

25 000

30 000

Dec-10

Jan-

11

Feb-

11

Mar-11

Apr-11

May-11

Jun-

11

Jul-1

1

Aug-11

Sep-11

Oct-11

Nov-11

Dec-11

STATIC ASSETS

STATIC LIABILITIES

STATIC LIABILITIES + AVAILABLE LIQUIDITY

€M

€M

Positive static liquidity position

Assets are funded with longer dated liabilities.

Increase in liabilities duration following 2010 bond issuances.

months

20

STATIC LIABILITIES

STATIC ASSETS

0

5 000

10 000

15 000

20 000

25 000

30 000

Dec-10

Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-1

1Aug-11Sep

-11Oct-

11Nov-1

1Dec

-11Ja

n-12Feb

-12Mar-

12Apr-1

2

Forecast Outstanding

"Grey Scenario" Including funding planCD/CP & Money Market (target: 3500 MEUR)Bond issued in January, 2011 (750 MEUR)

December, 20115 275

Liquidity Reserve (end 2010)

0

5 000

10 000

15 000

20 000

25 000

30 000

Dec-10

Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-1

1Aug-11Sep

-11Oct-

11Nov-1

1Dec

-11Ja

n-12Feb

-12Mar-

12Apr-1

2

Forecast Outstandingi

"Black Scenario" no external fundingLiability + Liquidity Reserve

STATIC LIABILITIES

STATIC ASSETS

July, 2011

€M

Liquidity Stress Scenarios

“Black” Stress Scenario Maximum stress test scenario based on continued commercial activity with no access to any new funding (full use of existing liquidity reserve starting day one) ;

Visibility = 7 months of activity.

“Grey” Stress ScenarioScenario based on continuity of commercial activity, use of liquidity reserve and funding plan updated with:

• no new unsecured funding except present CD/CP and short-term money market loans ;

• no new access to bond market.

Visibility = 12 months of activity.€M

21

New Customer Financings (A) 9,438 8,896 8,283 8,785 9,000Customer Outstanding 17,389 16,183 15,878 15,151 15,142Senior debt redemption 3,332 2,940 ABS redemptions 1,050 1,671

Total redemptions 4,382 4,611

Total Long Term Refinancing (B) 3,455 3,588 4,401 4,994 4,600EMTN (*) 1,774 1,279 2,839 3,917 3,700 / 4,100LT Money Market, Schuldshein & others 490 1,365 286 78BMTN+ CD (+360 days) 316 663 26 24SFEF (french government support) 0 281 802 0Asset-Backed (public or conduit) 875 0 448 975 500 / 900(*) : not including EMTN Puttable financing

0

2010 Refocusing

2008

2008 2009 2010

2009 2010 2011 Forecast€m 2007

€m 2007

2011 Long Term funding plan

“Theoretical” 2011 LT funding needed at around €4,600m ;

Realized as of March 4:- Bonds: €1600m ;- ABS: €500m.

22

INTEREST RATE RISK SENSITIVITYSUM OF ABSOLUTE VALUES BY CURRENCY

-

5 000 000

10 000 000

15 000 000

20 000 000

janv.-

10

févr.-

10mars

-10

avr.-

10

mai-10

juin-10

juil.-10

août-1

0

sept.-1

0

oct.-10

nov.-10

déc.-1

0

Low market risk exposure

Interest rate risk:A 100-basis point rise in interest rates would have an impact of:

• - €4.8 million in EUR• + €1.7 million in CHF• - €0.5 million in GBP

Foreign exchange risk:Low foreign exchange exposure due to assets being funded in their own currency(FX exposure on December 31 2010: €7.6m) ;

Counterparty risk:99% of exposure with counterparties rated “single A” or above.

RCI rate limit

€

23

Ba1 (positive)

BB+(stable)

LTLT

Renault

C-(stable)

Baa2(positive)

P2Moody’s

BBB(stable)

A2S&P

FSFSLTLTSTST

RCI BanqueAgencies

Distinct rating from Renault SA

S&P and Moody’s provide stand alone analysis of RCI Banque ;

2 notches gap between RCI Banque and Renault’s ratings by S&P and Moody’s ;

Long Term rating above automotive company, in particular due to:Strong financial profile (results, cost of risk, capitalization) ;Banking Status ;Stand alone and conservative funding.

24

APPENDIX

25

AUTOMOTIVEDIVISION

100% 100%

RENAULT sasINTERNATIONAL

(12 countries)EUROPE

(25 countries)

Renault Group activity(Renault / Dacia /Nissan

Infiniti / Samsung)

FRANCE

GERMANY

ITALY

AUSTRIA

CROATIA

BELGIUM

POLAND

UK

SPAIN

NETHERLANDS

SWITZERLAND

PORTUGAL

SLOVENIA

LUXEMBOURG

HUNGARY

CZECH REPUBLIC

SLOVAKIA

BOSNIA

DENMARK

ESTONIA

MALTA

SERBIA

SWEDEN

LITHUANIA

LATVIA

BRAZIL

ALGERIA

RUSSIA

COLOMBIA

ROMANIA

TURKEY

MORROCO

ARGENTINA

UKRAINE

MEXICO

BULGARIA

SOUTH KOREA

RCI Banque within the Renault Group

RCI Banque contributes directly to Renault consolidated operational margin.

RCI Banque finances brands of the Renault Group (Renault, Samsung, Dacia) worldwide and Nissan (Nissan, Infinity) mainly in Europe ;RCI Banque operates in 37 countries.

26

EUROMED• Morocco•Romania• Russia•Algeria• Ukraine •Bulgaria•Turkey

FRANCE

Of which subsidiaries, branches or joint ventures :

RCI Banque presence in :

1812

37 countries in 201014 countries in 2000

ASIA - AFRICASouth Korea

EUROPE • Subsidiary, Branch or JV• Commercial Agreement• Participation

RCI Banque in the worldInternational development by supporting Renault

• Germany• Austria• Belgium

• Croatia/Serbia/Bosnia•Denmark

• Spain•UK

• Hungary• Italy

•Baltic countries•Luxembourg

•Malta•Netherlands

•Poland• Portugal

• Czech republic•Scandinavia

• Slovakia•Switzerland

• Slovenia

AMERICA•Argentina

• Brazil• Mexico

• Colombia

Outstanding outside western Europe rose to €3,297m in December 2010 from €114m in 2000.

27

(0.40%)

0.21%

5.07

(0.59%)

15.91

2010 IFRS

(0.91%)

(0.51%)

5.94

(1.05%)

16.76

2008IFRS

(0.64%)

(0.51%)

5.47

(0.69%)

17.39

2007IFRS

(0.96%)

(0.35%)

4.88

(1.15%)

15.31

2009IFRS

(0.59%)

(0.40%)

5.41

(0.65%)

17.72

2006IFRS

Customer and dealer cost of risk

Customer average outstanding (€ bn)

Dealer cost of risk

Customer cost of risk

Dealer average outstanding (€ bn)

Cost of customer and dealer riskexcluding provisions for country risk

• Statistical provisioning on customer outstanding.• Sectorial provisioning maintained for dealer financing for many years.

28

61,96%59,77%

61,44%

57,85%

63,43%65,50%

69,87%71,57%

68,74%

72,32%

77,79%

82,03%

3.39%4.39%

3.41% 3.38% 3.58% 3.78% 3.20% 3.21% 3.29% 3.31%5.11%

4.22%

50%

55%

60%

65%

70%

75%

80%

85%

2000

2001

2002

2003

2004

2004

IFRS

2005

IFRS

2006

IFRS

2007

IFRS

2008

IFRS

2009

IFRS

2010

IFRS

Loan loss reserve/ non performing loans Non performing loans/ total outstanding

4.22%

82.03%

2010 IFRS

3.39%

68.74%

2007IFRS

4.39%

72.32%

2008IFRS

5.11%3.29%3.20%3.78%

77.79%69.87%63.43%57.85%

2009IFRS

2006 IFRS

2005IFRS20042003

Non performing loans / Total outstanding

Loan loss reserve/ Non performing loans

3.31%

71.57%

Customer cost of risk

29

5.30%

248

4,682

2010 IFRS

4.57%

225

4,931

2007 IFRS

5.88%

249

4,241

2008 IFRS

5.82%3.89%% provisions / Total gross outstanding

262198Provisions

4,5035,090Gross dealer outstanding (risk carried)

2009 IFRS2006 IFRS

4,503

4,241

4,9315,090

4,6825.82%5.88%

4.57%3.89% 5.30%

3000

3400

3800

4200

4600

5000

5400

2006 IFRS 2007 IFRS 2008 IFRS 2009 IFRS 2010 IFRS0%

1%

2%

3%

4%

5%

6%

7%

8%

Gross dealer outstanding (outstanding on risk included) % Provision/ Total dealer outstanding

€M

Dealer cost of risk

Global Dealer outstanding & provisions rate

30

Doubtful assets & provisions

45.02%

158

352

2010 IFRS

27.35%

107

390

2007 IFRS

32.58%

127

390

2008 IFRS

16985Provisions

36.91%20.76%% provisions / Total doubtful dealer outstanding

458412Doubtful dealer outstanding

2009 IFRS2006 IFRS

412390 390

458

35245.02%

36.91%

32.58%

20.76%

27.35%

0

100

200

300

400

500

2006 IFRS 2007 IFRS 2008 IFRS 2009 IFRS 2010 IFRS10%

20%

30%

40%

50%

Doubtful dealer outstanding % Provision/ Doubtful dealer outstanding

€M

Dealer cost of risk

The doubtful classification does not generally result from an unpaid installment but rather from an internal decision to put a dealer on watch list due to the worsening of its financial conditions (profitability, indebtedness, equity, etc.).

31

4,046

3,850

4,541

4,678

4,330

2.41%2.61%

3.17%

2.30% 2.07%

3400

3600

3800

4000

4200

4400

4600

4800

2006 IFRS 2007 IFRS 2008 IFRS 2009 IFRS 2010 IFRS0%

1%

2%

3%

4%

5%

6%

Non doubtful outstanding % Provision/ Total non doubtful outstanding

2.07%

90

4,330

2010 IFRS

2.61%

119

4,541

2007 IFRS

3.17%

122

3,850

2008 IFRS

2.30%2.41%% provisions / non doubtful outstanding

93113Provision on non doubtful outstanding

4,0464,678Non doubtful outstanding

2009 IFRS2006 IFRS

€M

Dealer cost of risk

Non doubtful assets & provisions

RCI Banque has maintained a very cautious provisioning policy on non doubtful outstanding for several years.

32

2010 11.3% 2.9% 30.9% 719,504 8,067 18,430 4,308

2009 10.0% 2.5% 29.1% 643,168 7,032 18,233 4,262

2010 5.5% 2.0% 34.1% 111,929 1,344 3,595 7552009 6.0% 1.7% 31.3% 127,336 1,398 3,687 7282010 11.4% 4.4% 34.5% 65,114 722 1,821 3422009 10.9% 4.1% 35.9% 66,678 716 2,197 3992010 27.9% 2.3% 32.0% 325,317 3,731 8,151 1,9322009 26.0% 2.0% 29.1% 276,324 3,230 8,114 2,0012010 5.0% 4.2% 24.8% 69,701 740 1,449 2712009 3.4% 3.9% 23.4% 51,742 526 1,273 1992010 6.6% 2.8% 37.2% 76,718 883 1,724 4122009 5.3% 2.5% 32.8% 61,404 644 1,476 3882010 4.8% 1.1% 35.7% 72,998 723 1,232 3132009 3.9% 0.8% 35.6% 52,192 417 845 2762010 10.1% 0.4% 46.1% 77,331 855 1,199 122009 9.3% 0.3% 47.4% 65,767 613 825 3

2010 11.2% 1.3% 25.5% 83,277 357 866 2832009 11.0% 1.0% 23.0% 65,027 221 739 208

2010 10.1% 2.2% 31.6% 953,110 10,003 21,727 4,9162009 9.2% 1.9% 30.0% 826,154 8,283 20,642 4,749

of which France

RCI BANQUE PENETRATION

RATE %

Rest of the world **

PASSENGER CAR & LIGHT UTILITY VEHICLE MARKET *

of which Germany

of which Spain

NISSAN MARKET

SHARE %

TOTAL RCI BANQUE GROUP

of which UK

of which Italy

Brazil

South Korea

* Figures refers to the passenger car and light utility vehicle markets, ** Rest of the w orld : Poland, Czech Republic, Slovenia, Hungary, Romania, Argentina and Morroco.

NUMBER OF NEW VEHICLE CONTRACTS PROCESSED

Western Europe

NET LOANS OUTSTANDING AT YEAR-END

(€M)

OF WHICH DEALERS

(€M)

NEW FINANCINGS

(€ M) excluding

cards and PL

RENAULT GROUP BRANDS MARKET SHARE %

Commercial activityDecember 2010 vs December 2009

33

Germany 17%

France 38%

Others 12%

Spain 8%

Italy 8%

UK 7%

Brazil 6%

Korea 6%

Customer77%

Dealer23%

Retail activity accounts for 77% of the average outstanding

Maintenance contracts Roadside assistance Extended warranties Replacement vehiclesInsurance (credit, damage…)

Inventories (new cars, second hand cars, spareparts)

Standard loans: cash facilities medium term loans, overdrafts

Financial lease with a buy-back given by the dealer

Operational lease with residual value risk borne mainly by the Renault Group or dealers

Fleet Management (services and management without financing)

Retail financing

Leasing

Balloonfinancingpackages

Revolving cards

Personal loans

Debit/credit card

DEALER FINANCING

SERVICES

(Corporate and Retail)

Total performing loan outstandings (December 2010) : €21,7 bn.

CUSTOMER

34

Securitization is used both for funding and increasing asset liquidity

Assets Portfolio(no cherry-picking

all receivable meeting eligibility critera are

sold)

Sale of receivables

Purchase price

SPV

Assets

Issuer

Underwriting

(only through dealership)

Market

Private Placement

Monthly re-issue to match portfolio fluctuations

* Generaly kept by RCI Banque as ECB collateral

Medium Term Senior NotesAAA

Medium Term Subordinated Notes

A

Short Term Revolving Notes*AAA

Short Term Subordinated Notes

A

Credit enhancement RCI Banque

ABS fully consolidated, first losses are kept by RCI Banque

35

Contacts

yann.passeron@rcibanque.com+33 1 48 15 75 04Head of Capital Markets Department

Yann PASSERON

Corporate Finance

jean-marc.saugier@rcibanque.com+33 1 49 32 87 99Jean-Marc SAUGIERVP Finance and Group Treasurer

RCIDIACReuters

michele.belhassen@rcibanque.comjulien.louisor@rcibanque.comfrancois.abad@rcibanque.comclaire.trinel@rcibanque.com

+33 1 49 32 82 59+33 1 49 32 80 54+33 1 49 32 83 01+33 1 49 32 69 07

Michèle BELHASSENJulien LOUISORFrançois ABAD Claire TRINEL

jean-paul.labate @rcibanque.comchristian.desch@rcibanque.comnicolas.chaillan@rcibanque.com

+33 1 48 15 75 04+33 1 48 15 75 02+33 1 48 15 75 03

Jean Paul LABATEChristian DESCHNicolas CHAILLAN

Capital Markets Department

API MLV 4514 avenue du Pavé Neuf 93168 Noisy-le-Grand CedexFrance

RCI Banque - Finance Division

36

To find this presentation and RCI Banque’s information

www.rcibanque.comwww.rcibanque.com