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.
Nissan: Nissan Finance Co. Ltd. cannot exercise the voting rights attached to these shares.
Treasury stock: These shares do not carry voting rights.