The Board of Directors convened on April 10, 2009 has decided to withdraw from the agenda of the Shareholders' Meeting the eighteenth and nineteenth resolutions relating respectively to stock options and the free allotment of shares.

The Board of Directors considers that maintaining these resolutions in such a difficult year would be contrary to the principles of solidarity expressed in the crisis period labor deal signed on April 3, 2009 and the 2008 remuneration policy applicable to both executive officers and shareholders. 

The Board further considers that that submitting these resolutions to the shareholders in the current economic context would be inappropriate and confusing.

The Board continues to believe that stock options and free shares are a means of linking individual performances to those of the Group as whole. As such, they retain their usefulness as a means of encouraging employee motivation in the future.

The agenda of the Shareholders Meeting, as modified by the Board of Directors meeting of April 10, 2009, was published in the Bulletin des Annonces Légales Obligatoires and in the Journal des Petites Affiches on April 15, 2009. This call of notice merely replaces the previous one published on March 23, 2009.

How to complete the voting form:

Shareholders are hereby informed that the 18th and 19th resolutions are no longer applicable and will therefore not be put to the vote during the Shareholders’ Meeting. All other resolutions remain valid.

For the sake of clarity, these changes to the agenda do not affect the numbers initially attributed to the resolutions, which still total 21. The votes on the 18th and 19th resolutions shall not be counted.

Thus:

• For shareholders who have already turned in their voting forms, all votes expressed on the resolutions will be taken into account, with the exception of the 18th and 19th resolutions;
• Shareholders who turn in their voting forms after reception of this notice shall complete the voting form according to the instructions given in the call of notice, without taking into account items 18 and 19. 

Should you require any further information or assistance, please feel free to contact us at:

Legal Department:
Tél: (33) 1 76 84 67 30
Fax: (33) 1 76 89 06 93

Investors Relations Department

Toll-free number: 0 800 650 650 (France only)
Or (33) 1 76 84 59 99 (France and abroad)
Fax: (33) 1 76 89 13 30
communication.actionnaires@renault.com