Nissan: Nissan Finance Co. Ltd. cannot exercise the voting rights attached to these shares.

Treasury stock: These shares do not carry voting rights.

Latest major change in capital structure: on July 28, 2003 the French State further reduced its interest. Following the sale, it holds less than 16% of Renault's share capital.

Capital ownership remained stable in 2005. The French governement's stake was reduced from 15.65% to 15.33% after it issued bonus shares on September 20, 2005 to current and former employees who suscribed to the 2002 offer.

Treasury stock: These shares do not carry voting rights.

In H1 2002, two major transactions substantially altered the ownership structure: Nissan took a 15% stake and the French State sold part of its holding through a private institutional placement.

Nissan: Nissan Finance Co. Ltd. cannot exercise the voting rights attached to these shares.

Renault privatized on July 15, 1996. French State reduces its holding to 46%.

PSG and ASG: Shares held persuant to special agreements: Partner Shareholders Groupe (PSG, 5% in November 1994) and Associated Shareholders Group (ASG, 6% in July 1996, on privatization).

Renault makes an initial offering of 28.1% of its capital stock.

PSG: Shares held persuant to special agreements: Partner Shareholders Group (PSG, 5% in November 1994).