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2007 Interactive Registration Document - Renault

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5.3.2 RENAULT AND DIAC REDEEMABLE SHARES<br />

5.3.2.1 RENAULT REDEEMABLE SHARES<br />

CHARACTERISTICS<br />

<strong>Renault</strong> has issued a total of 2,000,000 redeemable shares with a par value<br />

FRF1,000/€152.45, in two fungible issues of 1,000,000, in October 1983 and<br />

October 1984.<br />

<strong>Renault</strong> redeemable shares are listed on Euronext Paris under ISIN code<br />

FR0000140014.<br />

The issue prospectus (in French) can be downloaded from the Finance section<br />

of the renault. com site or obtained on request from the Investor Relations<br />

Department (toll-free number 0800 650 650).<br />

Between March and April 2004 <strong>Renault</strong> made a public buyback offer for its<br />

redeemable shares at €450 per share. In all, 1,202,341 shares, or 60.12% of<br />

the total, were bought back and cancelled. The number of shares outstanding<br />

after the buyback was 797,659.<br />

Trading volumes and prices of <strong>Renault</strong> redeemable shares over the past eighteen months<br />

NUMBER OF SHARES TRADED<br />

RENAULT AND ITS SHAREHOLDERS 05<br />

MARKET FOR RENAULT SHARES<br />

NUMBER OF SHARES OUTSTANDING<br />

A total of 797,659 <strong>Renault</strong> redeemable shares were still outstanding<br />

at December 31, <strong>2007</strong>.<br />

PAYOUT IN <strong>2007</strong><br />

The interest on redeemable shares, paid on October 24, <strong>2007</strong> in respect<br />

of 2006, was €20.77 euros (€10.29 for the fi xed portion and €10.48 for the<br />

variable portion).<br />

The interest on redeemable shares for <strong>2007</strong>, payable on October 24,<br />

2008, will be €20.96 per share, breaking down into €10.29 for the fi xed<br />

portion and €10.67 for the variable portion (based on consolidated revenues<br />

of €40,682 million for <strong>2007</strong> and 39,969 million for 2006 on a consistent<br />

basis).<br />

PRICE in €<br />

CLOSE HIGH LOW<br />

September-06 2,219 950 958 931<br />

October-06 3,125 925 950 920<br />

November- 06 3,230 945 961 925<br />

December 06 4,760 940 940 920<br />

January-07 3,231 928 944 925<br />

February-07 3,937 919.8 925 910<br />

March-07 2,500 910 920 907<br />

April-07 2,943 922 935 910<br />

May-07 2,515 978 1,001 920<br />

June-07 6,170 1,080 1,080 1,006<br />

July-07 5,800 1,075 1,135 1,065<br />

August-07 1,981 1,040 1,077 1,022<br />

September-07 802 1,030 1,039 1,015<br />

October-07 1,489 1,018.5 1,030 985<br />

November -07 4,281 932 1,023.9 924.5<br />

December -07 8,822 874 927.9 873.8<br />

January-08 10,066 555 862 555<br />

February-08 5,905 533 593 532.5<br />

Source: Reuters.<br />

5.3.2.2 DIAC REDEEMABLE SHARES<br />

Diac, the French credit subsidiary of RCI Banque, issued 500,000 redeemable<br />

shares with a par value of FRF1,000/€152.45 in 1985.<br />

Diac redeemable shares are listed on Euronext Paris under ISIN code<br />

FR000047821.<br />

< TABLE OF CONTENTS ><br />

At December 31, <strong>2007</strong>, the number of redeemable shares issued by Diac<br />

in 1985 and still outstanding was 99,439 (par value €152.45), for a total value<br />

of €15,159,475.55.<br />

In the course of <strong>2007</strong> the share price fl uctuated between €189.60 and €198.01.<br />

It closed the year at €190.<br />

✦ Global Reporting Initiative (GRI) Directives <strong>Registration</strong> <strong>Document</strong> <strong>Renault</strong> <strong>2007</strong> 165<br />

01<br />

02<br />

03<br />

04<br />

05<br />

06<br />

07<br />

08

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